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Wednesday, September 22, 2010

SMEs that seek to change are thriving!


"The person who gets the farthest is generally the one who is willing to do and dare. The sure-thing boat never gets far from shore."

Dale Carnegie

There are seemingly plenty of smaller companies in the UK which are successfully increasing sales and posting healthy margins according to Small business growth UK.

A well-run business will nearly always prioritise profitability above basic sales growth. Of course, a company that harbours the seeds of greatness will manage to grow both sales and profits. That's not been an easy task over the past 18-months, but SmallBusiness.uk has spoken to the CEOs of a number of companies which, through bold sales and marketing strategies, have shown admirable focus and robustness amid the wider concerns about the British economy.

What is evident when you look at the customers they have spoken to is that they have grown by taking risks, moving forward, being innovative and responding to their customer needs. They have continually fought to improve their competitive position identifying that standing still and trying to weather the storm of the recession would do no one any good. Failure hasn’t been an option as they haven’t given up. They have been successful as they have been willing to go that bit further and do and offer more than their average competitors.

Change and growth are key characteristics of the strategies employed by the SMEs that have continued to achieve success which in sense are interchangeable. Growth doesn’t just mean physical growth but in the abstract sense can me doing things differently, changing. Change is an environmental constant, and in order for a business to achieve continual success they must endeavor to achieve a fit with their external environment which subsequently means that change a prerequisite to success!

Successful SME companies in the UK this year have included London Food Service, red24, Crayon, Lumison, Node4 and Control Circle. To find out more about their successes and gain insight into the 50 fastest growing and successful companies in the UK Visit Growth Business UK.

SAP Business One can help you change the way your business operates by streamlining processing, integrating business functions, increasing efficiency and productivity and ultimately supporting growth. To find out more visit www.beabetterbusiness.co.uk or www.beabetterbusiness.ie

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