How To Build Your Annual Growth Strategy [Video]

Small business owners know exactly what they want for growth, but how do they get there with limited resources? Without a deliberate growth plan, your small business could be at the mercy of market fluctuations and an inconsistent consumer base. The answer is developing an effective annual growth strategy.

An annual growth strategy is also known as an annual plan. It is specific for each year and a good way to ensure your business is focused on growing. An annual strategy helps guide your organization’s behavior over time in response to its environment.

If you’re planning to build your annual growth strategy, this video offers a step-by-step guide to help you do it:

1. Map out your business goals
2. Build an action plan to achieve the defined goals
3. Find tools to support your action plan
4. Measure the performance of the action plan and tools
5. Align your team with the set goals

These five steps can help you overcome business challenges such as generating quality leads, scheduling time for development tasks, establishing performance metrics, and analyzing data.

To learn more, read our ultimate guide to building your annual growth strategy framework https://www.getapp.com/resources/annual-growth-strategy-framework/