What have you got planned for your business this year? What goals have you set for yourself? The chances are that you are hoping to grow your business in 2020, which is why today we want to share with you 3 ways to expand your business this year.

Build a Team

Could this be the year that you build a team? Maybe it is something that you have been considering for some time and now the time feels right? Many businesses get to a point where they can no longer grow or develop with just one person running and working them, so this can often be a natural progression. It can also feel like a big step as you find yourself responsible for someone else, but you know that you can do this so take a deep breath and take the plunge.

You need to ensure that you are hiring the right people in the first place. Think about their skills and abilities, and then also whether they feel like a good fit for you and your business. Once you have recruited, you will need to spend some time working with them to equip them with the necessary skills to do their job. This also gives you the chance to get to know them better and build a relationship with them.

Going forward, remember that communication is the key to running a team. Keep everyone informed, keep chatting and take the time to recognize everyone’s efforts every single day.

Work With Outsiders

It can be easy to fall into the trap of thinking that you have to do everything yourself when you run your own business. We get so used to doing it all that we forget that as we grow we can benefit from working with outsiders.

The most successful businesses take on the skills and support of other people and companies whenever they need them, without needing to commit to bringing things in-house. It makes perfect sense to outsource regularly as it will help you to improve and expand.

You might want to use database services or utilise procurement spend analytics, or perhaps a bookkeeper would free a few hours up for you each week? Take on the help that you need, as and when you need it.

Improve Your Premises

Have you outgrown your workspace? Perhaps you started your business from home and are now ready to move to a larger space? Then this could be time to improve your premises.

Whether you are redesigning your current space or procuring new premises, it is always worth creating an office that is worthy of your business and its branding. Your office is often the first impression that people have of your business, so ensure that you are making the right one.

Your premises also need to be practical and conducive to productivity. Take the time to plan and design them to ensure that they work well for you and your team. Work on the layout so that is speeds things up and then ensure that the atmosphere and ambience is positive so that you can all enjoy your days there.