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Business ​VIEWS Blog

Learn about our valued Membership. SCCCC is your source for relevant and timely industry insights and news - at your fingertips!
SCCCC Members: Submit your business blog via email to ckuhn@scccc.com

​Three Things that Hold Back Small Business Growth and How to Get Past Them

9/14/2019

1 Comment

 
Let’s think back...why did you launch your business?  Did an opportunity present itself that was too good to pass by?  Was there a driving desire to be your own boss or, maybe, you created an incredible product or service that was absolutely needed in the market.   Regardless of the start, congratulations!  You got your business off the ground and made it through the start-up years. 
 
US Bureau of Labor statistics show that more than 600,000 businesses start up each year but an almost equal number close.  Although percentages fluctuate, 20% of businesses close in the first year, 50% after 5 years and only 35% survive after 10 years.  There is one constant with the most successful businesses—to keep it going, you’ve got to help it grow! 
 
How do you know if your business is growing? Besides the happy dance you may be doing each morning as a successful entrepreneur, here are some key indicators of a growing business:  You’re making money—profits are greater than losses. Sales are growing—there’s a continued and growing demand for your product or service. You deliver a positive client experience—your customer base is retained and growing. You’ve created a culture of success with your employees—low turnover, high retention. 
 
So, you’ve checked the box on these key indicators, yet you know your business can be even more successful.  What’s holding you back?  The most common answers: 

  1.  There are just not enough hours in a day. I am constantly juggling what I need to do with what I want to do. 
  2. Processes are stagnant or nonexistent and I feel like the Shell Answer Man with everyone coming to me for answers. 
  3. I don’t know what comes next and it’s at the forefront of my thoughts at 3am.
 
One or more of these answers sound familiar? 
 
There is no one-size-fits all answer but streamlining your business infrastructure will go a long way to remove hurdles, manage risk and give you time to focus on your business passion.  Let me bring my experience to you as we address regulatory and operational risks.  Let’s discuss what’s holding your business back, assess it and determine the best way to manage it and put a plan in place to monitor it giving you peace of mind and allowing your business to continue to grow! 
 
Intrigued?  Have questions?  Please email me at suzanne@suzannebarba.com and let me bring the business I’m passionate about to you.

Submitted by SCCCC Member:
Suzanne Barba
Suzanne Barba Consulting
302-220-0090
1 Comment
Suzanne Barba link
9/23/2019 08:14:34 am

Thank you for publishing my article! Looking forward to working with other Chamber members to help their businesses grow!

Reply



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  • About Us
    • BOARD OF DIRECTORS >
      • MEET OUR LEADERSHIP
      • Chairman's Welcome
    • STAFF >
      • Your Chamber Team
      • President's Welcome
    • COMMITTEES & GROUPS >
      • ABOUT
      • SCC Young Business Leaders
      • COMMITTEES >
        • Communications Committee
        • Community and Government Relations Committee
        • Membership Committee
        • SCC Young Business Leaders
        • Ambassadors Committee
      • Referral Groups >
        • SCCCC G.R.O.W.
        • SCCCC BizNet
        • SCCCC CONNECTIONS
    • History
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  • Business Directory
  • MEMBERSHIP
    • Why Not Join?
    • Member Benefits >
      • Offers
      • Coupons
      • JOB BOARD
      • Affinity Programs
    • Membership Application
  • Events & Programs
    • Annual Chairman's Gala
    • Inspirational Breakfast
    • Scholarship Golf Tournament
    • Annual Fall Luncheon
    • NETWORK AT NOON! LUNCHEON
    • Professional Development & Education
    • Chamber Calendar
    • Community Calendar
  • IN THE NEWS
    • SCCCC IN THE NEWS
    • Member News
    • Southern Chester County CONNECTIONS
    • The Reporter
  • Your Chamber At Work
    • ADVOCACY >
      • ABOUT
      • Mushroom/AG Labor Crisis Task Force
    • Education & Scholarship Foundation >
      • Pennsylvania Free Enterprise Week
    • Route 1 Economic Development Initiative >
      • About Us
      • Why Here?
      • Steering Committee & Members
      • Site Selection Opportunities
      • Contact
    • Chester County Digital Alliance
    • Workforce Development & Training
  • CIRCLE OF CHAMPIONS
    • ABOUT
    • Diamond Circle Partner >
      • Constellation Energy
    • Platinum Circle Partner >
      • Longwood Gardens
    • Gold Circle Partners >
      • Ironlinx
      • Kendal-Crosslands
      • Qnectus
      • The Tri-M Group
      • WSFS Bank
    • SILVER CIRCLE PARTNERS
    • Bronze Circle Partners
  • Business Views Blog
  • Member Portal
  • JOB BOARD