Ways to Grow Your Business Annapolis MD

It can be difficult enough to grow, expand and maintain a healthy business in a strong economy. When the market turns sour, it can spell disaster for the small business owner conscious of cost. Here are three simple steps you can take to keep your business expanding, even when the going (or growing, in this case) gets tough.

G S Proctor Assoc
(410) 280-5588
29 Francis St
Annapolis, MD

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Fox Consulting Group
(443) 295-9200
307 4TH St
Annapolis, MD

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LpMedia, Inc.
3603 Fairview Ave
Baltimore, MD

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The Safety Man LLC
(301) 351-0940
15000 Jorrick Ct
Bowie, MD
Hours
Mon 07:00 AM-04:00 PM;Tue 07:00 AM-04:00 PM;Wed 07:00 AM-04:00 PM;Thu 07:00 AM-04:00 PM;Fri 07:00 AM

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Jet Computer Service Inc
(301) 596-0014
8775 Cloudleap Court # 223
Columbia, MD
Services
Management Consultants, Business Services, Computer Systems Consultants and Designers

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Toucan Business Forms Inc
(301) 858-6020
77 West St
Annapolis, MD

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AdviCoach
(443) 292-4180
2216 Hunt Valley Way
Gambrills, MD
 
Total Logistics Corp
(410) 768-6750
889 Airport Park Rd
Glen Burnie, MD

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Core Concepts
(410) 327-5025
1224 S Highland Ave
Baltimore, MD

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Managing Opportunity
(410) 466-8833
3901 Park Heights Ave
Baltimore, MD

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Ways to Grow Your Business

It can be difficult enough to grow, expand and maintain a healthy business in a strong economy. When the market turns sour, it can spell disaster for the small business owner conscious of cost. Here are three simple steps you can take to keep your business expanding, even when the going (or growing, in this case) gets tough.

1. Reward Customer Loyalty. When looking to branch out, focus on your existing customers-they already know and trust you. The truth is that it's easier and far cheaper to increase business from existing clientele than to rope in new prospects. Offer your loyal customers new or additional products and services relating to an existing offer-then reward that same trust and loyalty by offering these services at a reduced rate. Also, consider offering discounts on existing services for the referral of new business prospects, in lieu of additional incentives.

2. Get More Bang from Your (Marketing) Buck. If you're aiming to keep your sales soaring without significantly increasing your advertising expense, buckle down when it comes to negotiating without advertisers. Remember that economic downturns affect advertisers substantially too. Use this downswing to your advantage and agree on a fair, yet discounted price. If the price is set in stone, you might request a larger ad for the same money.

3. Good Publicity on the Cheap. Strike out and launch your own PR agency in the interest of your existing business.

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