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Successfully growing your business past the start-up phase

| Jul 31, 2017 | Business Formation & Planning

Making the decision to start your own company in New York requires dedicated talent, time and commitment to realize long-term success. For many entrepreneurs like yourself, getting past the start-up phase and onto further growth can be the most difficult part. At Codispoti & Associates. P.C., we are familiar with the unique challenges faced by business owners.

According to Forbes, if you are in the start-up phase of building your business, there are proactive steps you can take to expedite the growth process. These include the following suggestions:

  • Be consistent: You may have realized that you are more productive when you have some sort of schedule. Consistency is crucial to establishing routines and protocols to keep your business growing.
  • Set goals: One of the best things you can do is to create goals for yourself and your business. Be sure that each goal is consistent with the long-term vision you have and is realistic. As soon as you have achieved success in one area, set new goals to maintain growth and learning.
  • Find mentors: As you embark on the adventure of building, growing and maintaining a business, you will undoubtedly benefit from finding mentors who are able to provide professional advice. Learning the ropes from someone who has already experienced what it is like to be in your position can help you to make wiser and more confident decisions.
  • Practice humility: Recognizing your weaknesses and working hard to improve areas where you could do better is an excellent way to help the growth of your company. Practicing humility can help you maintain a demeanor that is aimed at improvement and responsibility.

By following these tips and incorporating them into your business practices, you may begin to recognize successful growth even beyond the challenging start-up phase. For more information about business formation, visit our web page.

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