Business Advice Blog
Customer Retention: A Crucial Component of Business Growth Strategy
As a small and medium enterprise (SME) owner, you must have invested significant time, effort, and resources in winning new customers. Nonetheless, acquiring new customers is just the first step since the real challenge lies in retaining them. In other words, maintaining customer loyalty and ensuring they keep coming back for more is critical for sustainable business growth. This is where customer retention strategies come in. In this blog, we will discuss the importance of customer retention, key customer retention strategies, and how a business consultant can help you achieve this crucial component of business growth.
Understanding Growth Strategy: 7 Ways To Expand Your Business
In today's rapidly evolving business landscape, it has become imperative for companies to embrace growth and expansion to stay ahead of the competition. However, achieving sustainable growth requires a well-defined growth strategy. This blog post aims to shed light on seven effective ways to expand your business through a growth strategy. By implementing these strategies, you can propel your business towards success and overcome the challenges that come with scaling up.
What does your bank want to see in a business plan?
If you’re hoping to approach your bank for a loan to help you on your business venture, having a solid business plan is a must.
At What Stage do you Need a Virtual Assistant?
One of our most commonly asked questions is at what stage is it best to engage the services of a virtual assistant?
4 Ways a Business Consultant can help you Grow your Business in 2021
If you’re striving to grow your business in 2021 but aren’t sure if you need the help and support of an experienced business consultant, you’re in the right place.
North East Growth Hub - COVID Recovery Grants
At HiThrive, we are committed to helping and supporting small businesses during this challenging time.
Business Strategy 101: Marketing
A company without marketing is like a village without signposts; not many people know that it exists!
Business Strategy 101: Staff Resources
The most important asset of any business is its staff.
Identifying Procedural Issues at Work
If you are concerned that your business isn’t performing as well as it should be, it may be time to think about whether or not procedural issues are holding you back.
What Can a Business Consultant Offer in Terms of Value?
As hiring a professional business consultant can be costly for a small or medium sized business with a limited budget, a lot wonder whether it’s really worth it and what value can be derived from the investment.
3 Reasons Why Your Competitors Are Winning More Business
It isn’t always easy to win business, especially if you work in an industry that’s highly competitive.
4 Expert Tips for Growing Your Business
Sustainable growth is something that every business, large or small, aspires to but knowing exactly how to foster that is something many businesses struggle to define.