Ways to Grow Your Business Waldorf 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.

The Lee Johnson Group
(301) 396-4432
4868 Champlain Court
Waldorf, MD
 
The Winters Group Inc
(301) 336-0400
10214 Marlboro Woods Drive
Washington, DC
 
Ritter & Bourjaily Inc
(703) 549-2322
218 S Fairfax St
Alexandria, VA

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Amyx
(703) 373-1436
1725 Duke St
Alexandria, VA

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Qmx Support Svc
(703) 549-9555
1020 N Fairfax St
Alexandria, VA

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1st JMG & Associates, LLC
(301) 782-7340
12006 Brandywine Rd
Washington, DC
 
R D Simmons & Sons
(703) 299-8849
105 N Washington St
Alexandria, VA

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Continental Consulting Group
(703) 683-7040
683 S Washington St
Alexandria, VA

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D Farley
(703) 836-6269
400 S Pitt St
Alexandria, VA

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Newco Management
(703) 898-4353
115 S Union St
Alexandria, VA

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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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