In any stage of your business, just as a startup or a well consolidate business in the marine industry, you need to focus always on your growth, keeping aside the fear of trying, being confident of your unique identity.
To simplify the process and be able to build and grow your business, improving productivity and remove inefficiencies, the following 5 tips can help you to identify clearly the necessary steps to follow.
Here the steps:
1. Assess Your Business Resources
Compile a detailed list of employees and their skills, not only the skills related to their current job but also their unexpressed skills, adding value beyond their duty.
Make a full equipment list, specifying the kind of machinery you have, how it can be used and who can use besides your company, to increase productive running hours of the machinery.
2. Clarify Your Target
Write your target on a piece of paper or in a whiteboard, be realistic and focused. The target should be hard to reach so that you push your limits, but it should not be impossible to achieve.
Follow the S.M.A.R.T. approach for setting up your company goals, ensuring that they are Specific, Measurable, Achievable, Realistic and Time-based.
Remember, the decision to pursue one goal is different from the "how" to reach that goal.
3. Build Your Strategies
Once clearly decided the goal, consider your resources listed before, their skills, capabilities, productivity and accordingly devise a detailed strategy plan, covering your vision & mission, market analysis, sales strategies, funding and financial projections for the next five years.
In parallel formulate a suitable marketing campaign combining ATL, BTL, and TTL to show your company capabilities, ensuring that digital marketing is a core part.