Tag Archive: growth strategy

Growing your business? Just keep going!

Posted 20th November 2023 at 4:24 pm

The Bank of England (BOE) recently held interest rates at 5.25% and warned that the restrictive policy will remain for an extended period, despite the bleak economic outlook. BOE forecasts suggest the UK will not get to the 2% inflation target until the end of 2025.  They expect inflation to fall to around 5% by the end of this year. Their forecasts also predict that output will remain stagnant in 2024. The Chancellor, Jeremy Hunt, remains more optimistic and was quoted as saying that the UK economy has remained far more resilient than many expected. Clearly things are changing rapidly... Read more

Choosing the right business strategy

Posted 12th April 2019 at 1:10 am

When preparing to grow your company, you need to consider which business strategy will best fit your needs, and the aims within your business plan. Some strategies are linked to cost & pricing, while others are linked to innovation and adaptation, and some emphasise quality and excellence, but all of them have the potential to grow your business if applied correctly.   Cost & Pricing Strategies Some of the cost strategies that businesses might employ include undercutting their competitors – delivering an equivalent quality but at a reduced price – or offering a no-frills version of their competitors’ products and... Read more