"A Commonsense Approach To Business Growth" by Roger C. Guijon provides excellent business leadership and management advice. It is very useful for people who want to run their own business, but are not experienced in this field. The book provides practical advice that can be used by both new and experienced entrepreneurs. Some of the practical suggestions included are:
Business planning - A good example of practical advice given in this book is about how business planning should be carried out. Roger C. Guijon advocates that business owners examine the needs of their customers and competitors before they determine what they should do. They should also set a company objective. Next, they should examine potential obstacles that could derail their plan of action. He also suggests that business owners search for complementary businesses that can complement their own.
Investigate mergers and acquisitions - The practice of buying other businesses that are related to your industry can be very beneficial. However, some experts caution that it should be done cautiously. They warn that it should be done only if the market conditions are favorable. They also recommend that you do your research so that you are able to determine the reasons why a merging or acquisition is important. If the business has a promising future, it might not be worth it.
Be assertive - One of the most important business skills is assertiveness. This skill is also useful for leadership positions. As a manager or a business owner, it is your duty to be assertive in order to gain the support of others. You should also be assertive with your employees, especially those who work hard and are committed to the success of your business.
Networking - The practice of gathering new business leads and contacts is also a good strategy for business growth. A networking approach can help you get new customers while it helps you grow your existing ones. In addition to this, it can also increase your sales and profits. In today's competitive business environment, it is important to network with other businesses. By doing this, you will be able to expand your customer base as well.
These are just some of the tips that you can use for a more commonsense approach to business growth. There are other practices that can be very helpful too. But remember, you have to think about what suits your company best, your needs, your goals, and your goals for the future. After all, these are important considerations for your business' success.