Guidance

Grow your business

Explore ways to finance growth, innovate, reach new customers and win work.

Overview

Business growth can mean increasing sales, entering new markets, taking on staff or developing new products. Consider the costs, risks and capacity before you commit.

Plan for growth

Update your business plan with realistic sales forecasts, cash-flow estimates and milestones. Consider whether your premises, systems, suppliers and workforce can support expansion.

Find finance

Funding may be available from revenue, loans, investors, grants or other sources. Compare costs and conditions carefully, and seek independent advice before signing a finance agreement.

Develop new products and services

Research customer needs, test ideas and protect valuable intellectual property. You may be able to work with research organisations or apply for innovation support.

Find new work

Build relationships with customers and suppliers, improve your online presence and consider public-sector contracts. Read contract requirements carefully before making a bid.