City Business Solutions: Are You Sabotaging Your Business Growth?

    CHICAGO, IL, March 21, 2015 /24-7PressRelease/ -- Small businesses are vital for economic growth, as not only do they create products and services that can have a positive effect on a consumer's life, but they create new opportunities for work, decreasing the unemployment rate. This is key in increasing consumer income and consumer confidence which is then driven back into the economy in the form of consumer spending or even having the confidence to start more businesses. Small businesses also encourage consumers to shop locally and this helps to grow community spirit and aid local economic growth.

City Business Solutions believes that it is vital for, not only the economy but for the survival of small businesses that they continue to grow because it is a highly competitive market and growth is what pushes businesses to thrive. As a small business grows the more people they can hire, again reducing the unemployment rate but also actively increasing the productivity in the firm, making them able to produce more and serve more consumers.

About City Business Solutions: http://citybusinesssolutionsusa.com/about-us/

However, City Business Solutions believes that many small businesses are sabotaging their own business growth and they may be unaware that they are doing so. The firm has outlined the areas in which small businesses are preventing themselves from growing:

Lack of confidence

A lack of confidence makes it difficult for entrepreneurs to make decisions and makes substantial gains hard to achieve. Businesses must have confidence in their product or service, their ability to successfully grow their business, and their capacity to take on new responsibilities and new markets.

Too much ambition

This does not mean over-confidence it means a business that attempts to change too rapidly, or expands to broadly. This often leads to less successful results than a business plan which focuses its efforts and develops specific, realistic goals.

"In-the-Box" Thinking

If a business gets trapped in preconceptions about their business it limits their ability to grow. In many cases the greatest route to growth will be something new and different. Don't sabotage potential by not accepting new ideas.

Failure to control costs

In the excitement of new opportunities and ideas, it's easy to let costs grow out of control. A business's bottom line will go nowhere if they don't consider costs alongside growth.

Undervaluing morale

Employee morale determines efficiency, efficacy, turnover and other factors in a company's performance. Keeping employees happy gives businesses better returns.

Inefficient operations

Businesses need systems that work. Waiting for a system to break and then replacing it could cost more money and more time. Businesses should build operations based on the business they want, not on the business they have.

Unstructured expansion

Expanding without clear goals often results in an enterprise pulling itself in many directions without growing. Develop a strategy for growth that can be observed, tweaked and successful.

Refusing the proper tools

Refusing to adapt to industry or market changes in the modern business world can cripple growth. If there is something the business needs to succeed, get it, otherwise competitors will surge ahead and it will cost more not to have invested in the long run.

Looking at the wrong metrics

Looking at the wrong values for a company's success can lead them down the wrong path. It's important to consider where these metrics will lead the business and what improving certain numbers will gain the business.

Failure to seize opportunities

Not every chance to grow a business comes with a guarantee, a warranty or a big sign saying "DO THIS". Businesses must know when to take chances, seize opportunities and make big decisions.

City Business Solutions is an outsourced sales and marketing firm based in Chicago. The firm helps small businesses to grow by increasing their customer acquisition, brand awareness and brand loyalty. To do this the firm creates long-lasting and personal connections with consumers through their personalized direct marketing campaigns that are designed to accurately represent their clients' brands. The firm take these campaigns directly to consumers via face-to-face marketing techniques.

City Business Solutions are direct marketing specialists that work on behalf of their clients to generate quality leads for their brands and deliver a high ROI.

For more information Follow @ChiCBSolutions on Twitter and 'Like' them on Facebook.

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