Small Business Focus

How to grow your small business into a medium-sized one

#BadServiceMustFall

Got great service? Click here (Gauteng) or here (Western Cape) to nominate them for this year's 702/CapeTalk Small BusinessAwards with Sage One.

--

How can you build a scalable business to accelerate growth?

Moving from an established small business into a medium-sized one is not easy.

Often an entrepreneur’s growth strategy only leads to increased chaos.

The Money Show’s Bruce Whitfield interviewed Aurik Business Incubator Director and CEO Pavlo Phitidis for his weekly small business feature.

Scroll down for quotes from the audio below.

The most important thing is to get out there and sell!

Pavlo Phitids, Aurik Business Incubator

If you’re not solving your customers’ problems you’ll remain small.

Pavlo Phitids, Aurik Business Incubator

Don’t be tempted to add a whole lot of products for customers you don’t know much about.

Pavlo Phitids, Aurik Business Incubator

Focus on a particular market segment and standardise the products you have.

Pavlo Phitids, Aurik Business Incubator

Aim for simplicity. Keep focus.

Pavlo Phitids, Aurik Business Incubator

You must create systems behind everything. If you cannot extract yourself you will never scale. Employ people to be systems operators.

Pavlo Phitids, Aurik Business Incubator

The value-set of your employees are very important.

Pavlo Phitids, Aurik Business Incubator

Carefully map out the job description of your employees.

Pavlo Phitids, Aurik Business Incubator

The customer you served a year ago has a different set of problems today.

Pavlo Phitids, Aurik Business Incubator

Subscribe to our Business Wrap Newsletter

#BadServiceMustFall

Got great service? Click here (Gauteng) or here (Western Cape) to nominate them for this year's 702/CapeTalk Small BusinessAwards with Sage One.

--

Read More
Location! Location! Location! What makes a business's space work (or fail)...

Location! Location! Location! What makes a business's space work (or fail)...

Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis for his weekly small business feature.

How to build a brand (and what destroys it)

How to build a brand (and what destroys it)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.

How to get the right partners/shareholders

How to get the right partners/shareholders

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator's Pavlo Phitidis.

5 small businesses that have grown despite very tough environments

5 small businesses that have grown despite very tough environments

Five South African case studies of small businesses that are booming despite the very tough environment they operate in.

How to ensure your business survives as it grows (i.e. avoiding "growing broke")

How to ensure your business survives as it grows (i.e. avoiding "growing broke")

Businesses grow broke whether times are good or bad. Aurik Business Incubator's Pavlo Phitidis on how to stay afloat when growing.

 How to find funding so your business can grow

How to find funding so your business can grow

Funding your business through what you have, not what you need, is a crucial entrepreneurial skill.

Popular articles
Getting to know MP, Dr Makhosi Khoza

Getting to know MP, Dr Makhosi Khoza

Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.

No escaping the tax man even if you work outside SA

No escaping the tax man even if you work outside SA

Government is intending to change the way foreign income is taxed by introducing taxes to a large South African diaspora.

Earn peanuts? How to best invest very small amounts...

Earn peanuts? How to best invest very small amounts...

Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

How to make your first million

How to make your first million

Warren Ingram discusses his new book in which he shares practical ways for ordinary people to achieve financial freedom.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?