CareerLeadership/Innovation

A 10-Step Plan for Expanding Your Small Business

The UPS Store, in addition to delivering packages, wants to deliver you some knowledge in an article at its website. It has 10 steps to grow your small business. It works like this: Establish an online presence (and probably get a mobile app while you are at it). Patent your products and get trademarks to protect your creations. Find a physical location that is most conducive to generating new leads. Find channels to make your most lucrative products or services available internationally. Consider opportunities for franchising, and partner with other successful businesses. Look into government contracting too, or maybe acquire other businesses. Always be thinking about more markets to enter, and diversify whenever possible. Is this all easier said than done? Absolutely. Nevertheless, you can read the full article here: http://smallbiz.theupsstore.com/blog/small-business-blog/2013/07/23/the-10-step-plan

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