It’s an incredible feeling when you notice that the profits from your business is rising, and it may bring on the idea to you to grow your business into something larger. If this is the case for you, you might be wondering how to go about the transition without losing as much business as possible. If this is sounding familiar, read on to find out how you can upgrade your small business to a big one as easily as possible and with the right information at hand.
Plan new ideas
Since you’re going bigger, why not go better too? It’s a good idea to get some ideas down on paper for your business and think of some new directions that you could take it in that will not only excite current customers, but bring in new ones too. If you’ve had some ideas in the pipeline for a while, now is the perfect time to bring them out to play so that when you open as a larger business, you have more to offer your customers.
Relocate if needed
It might be worth considering a relocation if you’re going to be needing to work on a larger scale, and that’s great. However, if you plan on owning the land that you’re going to run your business from, don’t forget to make sure that you’ve got all of the planning permission that you need. Hiring planning consultants will help make sure that everything is in order so that you don’t get caught up a sticky situation with the council.
Prepare your staff
You will need to have a meeting with all of your staff to inform them of the changes that are coming up so that they can prepare and help you make any adjustments for the reopening. It is also a good idea to send your staff off for training, even if it’s just a refreshment course so that when it comes to the crunch they are ready and prepared for what’s to come. Don’t forget to work out whether their working hours will be changing or not too!
Advertise well in advance
One mistake many businesses make when they are closing for a short time to make changes is to advertise so that when you reopen, customers will come and have a look and your regular customers will return too. You can advertise in many different ways including social media, adverts on websites, in magazines, on your shop window, and even on billboards. Make sure that people are aware that you’re not closing down for good and that you’ll be back as soon as possible.
Take these four ideas into consideration when upgrading your business so that you lose out on the least amount of profit and are able to generate interest so that people (and new customers) return on your reopening date. Good luck with the step that you’re about to take with your business!