how to expand your business | Grow Your Business | 5 Tips for Expanding Your Business | entrepreneur

2020-01-06 5

When you first started your business, you probably did a lot of research. You may have sought help from advisors; you may have gotten information from books, magazines and other readily available sources. You invested a lot-in terms of money, time and sweat equity-to get your business off the ground. So...now what?

For those of you who have survived startup and built successful businesses, you may be wondering how to take the next step and grow your business beyond its current status. There are numerous possibilities, 10 of which we'll outline here. Choosing the proper one (or ones) for your business will depend on the type of business you own, your available resources, and how much money, time and sweat equity you're willing to invest all over again. If you're ready to grow, we're ready to help.

Site Speed
As many as 53% of people on mobile devices give up on a site that takes more than three seconds to load. This means the site as a whole needs to be optimized for speed. If you use platforms like WordPress, you have access to a variety of tools to improve the performance of your website.

Design Layout
More than one-third of visitors will leave a site if the layout is poor. Color choices, graphics and even the overall layout of the site’s functions can cause issues for certain users. You need to deliver a good visual and functional experience for everyone visiting the website.
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Adding Daily Posts
The number of times you should post content on social media varies for businesses. While some find it successful to do five or more, others do well with just one. The point is you need to be active if you want attention from your target audience.

Images Matter
When posting content to social media, use images or video. Graphics engage users far more than simple text. For instance, posts with images on LinkedIn receive 200% more of an engagement rate than regular text. On Twitter, videos are 6 times more likely to be retweeted than simple photos.
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Invest in Yourself
Perhaps the most prominent way to boost your business for free is to put in the effort. Whether it’s creating content that engages the audience or messaging fans on Facebook, it takes work to become a success. In today’s market, your online persona is just as vital as the brick-and-mortar storefront.
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