Quick checklist…
- You are in small business – check
- You are facing a decision – check
- You are deciding between growth or comfort – check
Every business owner faces a decision to back themselves at some point. Usually when stepping onto the path of growth and scale. But let’s be honest, it’s an unknown path, a scary path, and one that requires a level of grit you are not sure you possess.
After years of hard work, you may also be at a place that delivers a level of comfort that is like a warm cardigan. Once that keeps you cozy in the life you’ve become accustomed to. But underneath the cardi, your heart may still yearn for that next stage, that next level of comfort and success.
As advocates for small to medium business growth, we encourage you to listen to your heart, throw off the cardigan, and go for it.
Now that you are ready to back yourself there are some crucial steps you need to consider.
- Refine your systems and processes making sure that they are simple and effective. This will allow you and your people to take on the additional effort of scaling. It will also allow you to mend weaknesses before you put pressure on them.
- Hug your people. Regularly invest in your team, sharing perks and company vision to engage them with what’s ahead. Listening to them throughout is also crucial as they will have the best insights into the impacts of your growth, for them and your customers.
- Have a clear focus on where you are headed and refrain from looking to where you have been. This includes knowing your business values or mission, particularly if these are changing as you scale.
- Learn from others who have taken this path. This can include having a business mentor, researching articles, or reading other companies’ corporate publications. Better still, if you have the chance you could ask them. Have a coffee or sit down and draw upon others’ successes and failures in their process of scaling.
- Get financial help. Growth is going to cost you and you may need a particular focus on cash flow, real estate, or asset acquisition. Access to fast and flexible business funding is often the biggest assistance as a business expands and it can also be the biggest hindrance if you don’t know how to attain it. That’s where Equity Tap can help.
By using the equity in your real estate our bridging loans are the ultimate solution and can be funded in as little as 24 hours. With business loan terms from 1 month to 12 months and the ability to loan up to 10 million dollars, Equity Tap has an easy online application that can have you scaling by tomorrow.
So pack your cardigan away as Equity Tap is here to take you from your comfort zone to cashed-up! Talk to one of the team about an option to suit you.
Apply for an Equity Tap loan now.
