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There is a lot written about strategy but in the simplest terms, it means setting a direction for your business. By defining your strategy clearly, you make it easier for yourself to prioritise tasks, and thereby provide the foundations for business growth.
You cannot be all things to all customers and you do not have to be the market leader to compete successfully, but you do need to focus on your business’ strengths to find a way to differentiate from other competitors. Ask yourself the following questions:
The Growth Hub provides regular free events, such as the half-day Business Model Canvas workshop, to help businesses define their business model and think about strategy. Make sure you sign up to our newsletter to ensure you stay updated about forthcoming courses.
If you meet the High Growth service criteria detailed here, you may be eligible for additional free, ongoing support.
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