PEIL_WINTER19_ ISSUU

BUS INESS

FIVE MINUTE LIFE HACK

Four ways to grow your business venture. Every business should always be innovating to have continued success. Here are four simple ways to inspire growth in your business with little or no investment.

Words by Jacqui Chaisson

Network with other entrepreneurs

Join networking groups like your local business association or chamber of commerce - they regularly host networking events. Look for new ideas, bartering opportunities and mentoring options that will help your business grow.

Look for new opportunities

Always be on the lookout for new business opportunities. Even an established venture should innovate and infuse new ideas into the business. Look for opportunities that fit into your business model and require small initial investments but offer growth opportunities.

Access employee talent

Sometimes your most valuable business assets are your employees. Ask them for their input and ideas and reward them accordingly.

Embrace new technology

Technology is constantly evolving and offering updated and innovative ways to increase all aspects of running a successful venture. Update your apps and programs regularly and source new innovations.

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www.pei-living.ca WINTER 2019

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