Bilal Basrai is a financial and corporate professional who
assists clients with major decisions regarding the future. He is currently
serving as the President and Founder of a company operating in Chicago,
Illinois, and he has been working in the financial sector since he graduated
from college in 1996.
He works hard for the sake of his clients, which can
include governments, high net worth individuals, financial institutions, and
other corporations. During his time as an equity research analyst, he was
ranked seventh best stock picker in the healthcare services and provider’s
industry. He can help clients make the major decisions that enable growth.
Bilal Basrai understands that in order to be successful in your
industry as a business owner, you have to be able to grow and expand. However,
this means more than just finding your next location; it can impact a number of
things, which includes the services you provide your customers altogether. Here
are some useful tips for preparing or improving growth strategies for your
business.
In order to grow your business successfully, you have to develop
a plan. Just like the business model you came up with when you started your
business, you have to develop a similar model in order to expand. Figure out
exactly where you stand in terms of products and services, customer base, and
capital so that you can determine whether or not it’s the right time to pursue
growth. Even if you’re unsure about expansion, developing a plan will help you
know when it’s financially feasible.
Think about diversifying your services to the customer. One way
to expand without having to invest in a new location is to simply create more
products to provide your customer base. Think about what you provide to people
currently, and how those current services can be elevated in the eyes of your
clientele. What do your products need to be even better than they are now? The
answer to that question could be your solution for growth.
Lastly, develop a more in depth marketing strategy. In order to
be successful throughout an expansion process, you have to make sure your
customers know exactly what’s going on with your company, and how they will be
benefited through its growth and change. Don’t leave your customers in the dark
regarding the news of your business; keep people informed an invest in more
marketing.
Bilal Basrai understands that work that goes into company expansion, and he assists many clients throughout their growth processes.
