Growth Strategies for a New Business

What is a growth strategy and why is it important?

Growth is an essential part of any new business, but how can you make sure you do this sustainably?

On this four-week course, you’ll discover effective sustainable growth strategies and how to successfully implement them in your new business.

You’ll gain an understanding of the key areas to focus on when starting a business, which have been identified and endorsed by industry professionals, to help give your business a solid chance at success.

By the end, you’ll know how you can build your team, scale your operations effectively, and develop an ethical and sustainable growth strategy.

Learn how to set realistic business goals

You’ll start by learning how to balance quantity and quality while growing your business, understanding how fast is too fast when it comes to growth.

To help you do this, you’ll gain the skills to set realistic business goals, including sustainable goals, and learn how to use feedback to inform your decisions.

Discover strategies for retaining and recruiting talent

To help you manage growth and develop an effective retention strategy, you’ll discover the factors that can help you hire the right people.

You’ll also learn how companies can retain talent and how you can build a diverse and inclusive team.

Understand how to design an effective business plan

Finally, you’ll discover the role of business planning as you explore frameworks for identifying threats and opportunities for your business. You’ll also learn how to measure success and adjust your business plan to ensure it is effective.

Using case studies and guided by academic experts, you’ll finish the course with a solid understanding of sustainable growth strategies and how to implement them in your new business.

This course is designed to empower business owners or those who are curious about business to walk away with confidence and clarity over their next steps, strategies, and how to launch their business.

The content is not industry-specific and is primarily suited for new or existing business owners who want to learn how to grow their business.

This course is designed to empower business owners or those who are curious about business to walk away with confidence and clarity over their next steps, strategies, and how to launch their business.

The content is not industry-specific and is primarily suited for new or existing business owners who want to learn how to grow their business.

• Explain why a growth strategy is important when defining business needs and goals.
• Identify relevant factors in selecting the right team to manage growth and formulate a retention strategy.
• Assess the effectiveness of a business plan after examining successful growth strategies.
• Compare quality and quantity in the context of business growth, aiming for balance and preparing to scale up while learning how fast is too fast.