Small business owners often see a plateau in customer growth at sometime during their business venture. As a small business owner you need to be prepared by having a financial plan in place that will help you during the slow times when customer growth slows. More importantly, you need to closely monitor your customer growth and be alert to signs of potential slowing.
Although there is not ONE specific reason why this occurs, here are a few reasons we have observed why customer growth seems to slow. Of course, the reasons may be dependent on your business offerings, changes in the economy, and local changes in demographics where your business operates.
As a small business owner you need to continually scan your customer growth, competitors, and evaluate your products and services as to their potential for future growth. Comments are closed.
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