Growth and Grace: Overcoming Obstacles in Small Business
Manage episode 428537354 series 3585959
Are you a small business owner looking to scale and grow? In this episode, I dive into the challenges that small businesses face when they're in the process of scaling and accelerating their growth. From managing cash flow to scaling your team, maintaining quality, facing tough competition, and balancing work and life, we discuss valuable strategies and biblical perspectives to help entrepreneurs navigate these challenges successfully.
Key Topics: - Importance of careful planning and financial management - Understanding cyclical nature of business and forecasting cash flow - Ensuring clarity on expectations and consequences - Building relationships with employees - Creating systems and procedures (SOPs) - Avoiding shortcuts and remaining committed to excellence - Standardizing operations through SOPs - Identifying unique strengths and differentiating factors - Using innovative strategies and biblical principles - Communicating value and advantages effectively - Competing against larger, established businesses - Importance of rest and rejuvenation for long-term success Timestamps:
02:11 Helping struggling businesses grow through coaching programs.
05:03 Balance spending and investments wisely for success.
07:13 No program to close leads, wasted opportunities.
10:22 Build relationships with employees for successful growth.
15:37 Document expectations, create written procedures, communicate clearly.
17:56 Using faith and technology, I stood out.
22:39 God's strategies can bring lasting success.
25:04 Articulate your unique advantage for better understanding.
27:43 5 things for small business growth; biblical strategies.
Don't miss out on these powerful insights! Subscribe to "The Estherpreneur" podcast and let us help you reach new heights in your entrepreneurial journey. Keep shining, keep growing, and keep thriving.
Contact us at www.estherpreneur.com or www.favorandwealth.com
Say hi on social:
Twitter: https://twitter.com/EdnaSHarding
IG: https://instagram.com/theestherpreneur
IG: https://www.instagram.com/favorandwealth
YT: https://www.youtube.com/c/EdnaHarding
LI: https://www.linkedin.com/in/ednaharding
--- Support this podcast: https://podcasters.spotify.com/pod/show/edna-harding3/support119 פרקים