Monday, January 29, 2018

2018 SMALL BUSINESS GROWTH INSIGHTS

The current business environment is increasingly complex, challenging, and competitive, and it is very important that all businesses adapt to drive sustainable growth.  Changes in geopolitical uncertainty, Fed’s interest rate hike and ongoing projected growth and occasional turbulence in the stock market in 2018 will produce some disruption in most industries.  Therefore, it is imperative that small and medium-sized businesses continually obtain new information and deep insight on their local economy, cyber security, customers behavior shifts,  natural disasters’, local ordinance, new bills coming down from state and Washington on how these developments will impact their industry going forward.

If you’re like or inspire to be like most highly successful business leaders I’ve met you can imagine how this valuable information could be significantly beneficial to your company.  The growth mindset business leaders will partner with organizations that have the expertise and extensive research which will help them acquire this new profitable information.

Small business can have an advantage over large corporations.  Small businesses can develop better creativity, operational efficiencies; accelerate growth and profitability in many industries.  Why?  Their naturally entrepreneurial environments attract and motivate the best people especially millennials.  They can penetrate market segments with agility, unencumbered by corporate history and bureaucracy.  The mission of the small business of the future will be to reward innovation and provide nurturing for entrepreneurs.  This mission can be accomplished when small business leaders practice no-limit thinking, execute their strategic business plan, and understand key drivers:
. Corralling resources with energy and laser sharp focus of a start-up to bring out the best in the company.

. Realize that relentlessly optimizing human capital investment, consistently propelling cash-flow and ongoing improving performance is the best strategy for maximizing return on investment (ROI) while simultaneously minimizing risk.

. Pivot to collaboration, advance technologies, international trade, and tailored financial solutions as ways to reach peak growth potential.

Small businesses that have remarkable leadership teams that operate on an elite level will help their customers achieve phenomenal results by helping them discover, understand and solve complex problems and reach their goals and objective in the fastest, most efficient and effective way.  The vast majority of United States possible exceptional jobs and economic growth will be delivered through extraordinary small business growth and expansion in 2018.


Marcus Johnson is a trusted executive and business advisor at MAJ Advisors.  Contact him at (205)475-3054

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