Ways to Grow Your Business Ithaca NY

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.

Cortland County Satellite
(607) 756-2814
37 Church Street
Cortland, NY
 
Oswego State Unversity SBDC
(315) 312-3492
103 Rich Hall
Oswego, NY
 
Poughkeepsie Satellite
(845) 454-1700
103 Rich Hall
Oswego, NY
 
SUNY Brockport
(585) 395-8410
350 New Campus Drive. Morgan 3
Brockport, NY
 
Liverpool OCC North Satellite
(315) 498-6070
216 Main Street
Lake Placid, NY
 
Dunkirk Satellite
(800) 522-7232
37 Church Street
Cortland, NY
 
LaGuardia SBDC
(718) 482-5303
30-20 Thomson Avenue, Suite B
Long Island City, NY
 
SUNY Stony Brook SBDC
(631) 632-9070
920 Albany Street
Schenectady, NY
 
Fishkill Satellite
(845) 897-3945
2350 Broadhollow Road
Farmingdale, NY
 
LI Business and Tech Center Satellite
(631) 859-8929
3500 Sunrise Highway
Great River, NY
 

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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