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Do not miss the road: the steps that every business must go through, and in a smart way - Walla! zoomin

2021-10-13T04:51:24.256Z

Growth engines are points that every business meets on its own timeline. Fortunately, there are now modern and digital solutions that help us move from step to step effectively, so that we can continue to develop the unique products of our business.



In conjunction with a green invoice

13/10/2021

Do not miss the road: the steps that every business must go through, and in a smart way

Growth engines are points that every business meets on its own timeline.

Fortunately, there are now modern and digital solutions that help us move from step to step effectively, so that we can continue to develop the unique products of our business.

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These are the steps on the road to success (Photo: ShutterStock)

Like everything in life, a business has steps to go through.

He was born, grew and developed.

In professional parlance, this is called "growth engines", key points on the timeline that, if the business goes through them wisely, it manages to move forward and continue to expand.



As this is a complex and challenging process, in the modern and digital age, there are quite a few solutions and aids that can and should be used, ones that make the transition between the various growth engines simpler and more convenient and allow the business to begin the journey to the next point.

But what are the stages and how do you deal with them?

Here is the timeline you want to keep track of.

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The understanding that I have something in hand (or: I'm good, and can do it)

Almost all businesses start as small or medium and their starting point is the product development of the business and its uniqueness.

It does not have to be something that will change the world from end to end, but every business, no matter how many employees it has, needs some of its own hallmarks.

The first growth engine is finding this uniqueness, something that will differentiate your business from the competition.

How do you get it?

First of all, understand what service or product we can offer and manufacture in the best way.

And one more thing: at this point do not forget that if you start selling a product or service, you must conduct yourself correctly and meticulously with the authorities and therefore, this is also the moment to put a skilled accountant into the picture.

The decision that it's time to be a real business (or: I'm no longer a freelancer, but a business owner)

Even after developing the product or service, there are many freelancers who continue to define themselves as "freelancers", rather than business owners.

This line of thinking is significant, because once you understand that you have your own business, you will also start running it accordingly - like a real business owner.

This definition brings with it a change in your self-perception and from now on, you are no longer just "service providers", but operate a business, including balance sheets, reports, business development and more. The quality solutions, so that your business will be run wisely and successfully.

It is important to pay attention to growth engines (Photo: ShutterStock)

The transition to professionalism: management and planning (or: how do you handle all these reports and data?)

Once you have completed the transition from the passion phase to the "get lost" phase, it is time to start organizing your business better and planning ahead.

What it means?

Among other things, increasing and stabilizing the customer mix, properly supervising the issue of revenue versus expenses and more.

You want to keep evolving, but you have to make sure you have enough money for it and while all the thoughts are focused on promoting the business, you may forget or abandon important things.

The solution: centralize management and planning in one place, like a green invoice.

Reports, payment tracking with customers and suppliers - everything is centralized in one place, one that can be conveniently operated even through an app in real time.

The starting point of the business (or: starting to clear)

At the next point in time, when the business is already stabilizing, more and more customers are starting to arrive.

Maybe the rumor about you is word of mouth, maybe you did a good job in advertising, but the bottom line is clear: more payments are coming in and the time has come to start getting credit.

It saves time and headaches and in short, customers will just love paying you more - no cash, no surplus, bank transfers or a host of other things.

In a green invoice, it is possible to send the customer directly to the payment link, which is especially important these days, when it is not always possible to meet the customers face-to-face.

The big advantage: in a green invoice, you can also connect through the same system to different clearing plugins, which will suit the nature of your business and the platform through which you receive credit, as well as the clearing companies.

In this way, you close the entire payment circle from your customers at once, automatically and without any bureaucracy that burdens you.

Upgrade online (or: Come on, there are also e-commerce now)

Thanks to clearing, you can also sell online without setting up a website (with a paid link, for example), but this is definitely the next engine of growth.

Establishing a sales website, with the help of one of the variety of platforms currently on the market, is a significant growth point in your business life.

The clearing can be easily connected to the website and also automatic invoices generated through a green invoice.

All sales management and production of documents and reports is an issue that freelancers are not necessarily aware of or plan ahead, due to the need to manage the "here and now". Business management and planning tools are an integral part of the options that Green Invoice offers you. While you are focusing on the most important thing: developing and upgrading your products, if you are not yet in the clearing options stage, you can connect to Paypal, sell and receive payments online.

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Tags

  • Green invoice

  • Digital invoice

  • Self-employed

  • Independent

  • Business

Source: walla

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