LIMMERICK, IRELAND, July 14, 2014 /24-7PressRelease/
-- According to research, only one-tenth of one percent of companies will ever reach $250 million in annual revenue. An even smaller group, 0.036 percent of businesses will reach $1 billion in annual sales. Joe Clarke
, Managing Director of Consultonomics Ltd.
, believes that transforming a business from small to big is never easy. Nevertheless, he is thinking big: "Businesses in Ireland need to decide to either keep up with or surpass competitors, we are making the decision to push beyond the average businesses expectations and implement a business growth strategy," says Joe Clarke.
Consultonomics Ltd. say that the following five factors are crucial within an organization before any growth strategy can be effectively implemented: Joe Clarke believes that the people within a business must be highly committed, the company philosophy must support the ability and willingness to change and the organizational structure must support a growth strategy. In other words, a business lacking the means and the right mentality to thrive for growth is unlikely to succeed in the transition. Joe Clarke adds that in addition to the three points mentioned, a business must have procedures in place in order to measure success and have a clear understanding of priorities.
Joe Clarke has been inspired by Keith McFarland's 'The Breakthrough Company,' a book explaining strategies on how to maintain fast-growth over the long-term. McFarland, an entrepreneur and former Inc. 500 CEO, studied some of the 'break-through' companies and the lessons they had learned. Consultonomics Ltd have recently implemented two of the suggested strategies that will help them to transform into a bigger business: market penetration and market development.
Consultonomics Ltd., an outsourced sales and marketing firm based in Limerick, Ireland have increased their sales force and are committed to boost sales by at least 30 per cent in quarter 3 compared to Q2. Furthermore, the business remains focused on customer loyalty and by maintaining a personal face-to-face approach and an increased sales force, Consultonomics Ltd have forecasted to increase customer loyalty by another 15 per cent this quarter, after achieving a growth of almost 20 per cent for their clients in Q2. As a result of their strong commitment to preserve a positive company culture and their focus on customer loyalty, Consultonomics Ltd's clients have requested to be represented in further locations within Ireland.
Joe Clarke is now preparing for the expansion. By following the two strategies, he expects the firm to grow by 30 per cent at the end of Q4 2014 and by additional 65 per cent in the following year. "Yes, we are thinking big", says Joe Clarke who is determined to stand out from the competition and who wants to become one of the top entrepreneurs with the sales and marketing field in Ireland in the coming years.About Consultonomics Ltd.
Consultonomics Ltd. are an outsourced sales and marketing agency based in Limerick, Ireland. The firm specialise in direct marketing solutions.