Small businesses can stay small, or you can do what you can to expand your small business into something bigger. There are many different ways that you can expand a small business, from simply getting online to opening a new store in another state or even another country. Or maybe expansion to you is just having more items or more services for people to purchase.
However you plan to expand, here are some tips on getting out of the country, marketing, and expanding your business in general. Each of these tips will have some interesting information, but you may want to do some research on your own, as well to find out more information, say on how to move your business to Mexico.
Go Beyond The U.S.
People in the United States love to buy U.S. made products, but as long as you keep your headquarters here and locations for them to shop at, moving to another country can be prosperous. If you run a retail store of some sort or even a manufacturing center that could thrive in another country, it doesn’t hurt to give it a try, or at least to look into it.
The wrong reasons to go beyond the U.S. are simply to spend less on employees and spend less on your products and services. People want quality, for the most part, rather than quantity.
Even if you have no intention of opening up locations in other countries, marketing everywhere, online especially, can get you noticed in other countries. You should have a website, a blog, and be utilizing social media to its fullest capacity. That means being on any social media site that can benefit you, from Twitter and Facebook to Pinterest and Linkedin, and even Instagram.
If you are moving to another country, you need to make sure that you start your marketing ahead of time there as well. From investing in actual print advertising to getting your online advertising to direct more towards websites in that country, all of these things will help get your name out there..
Expand Your Product Line And/Or Services
One of the most fun things you can do for your business is to expand your product or service lines. This gives people more options and can increase your sales pretty quickly. Obviously if you are in a niche business, you will want your new services and/or products to fit in with the rest of your line.
Examples of this could be, if you run a spa, you could add on extra spa related things that maybe you weren’t doing before. Maybe you don’t sell products at the moment and just offer services. you could add on product sales for spa related items, such as natural oils or teas.
Originally posted on April 21, 2016 @ 11:26 pm