• Home
  • Our Books
  • Our Film
  • Games
  • About Us
  • Contact Us
  • Login

Perspectives on all eras of videogames, computers, technology, and pop culture since 2003

Login

Login
Armchair ArcadeArmchair Arcade
Armchair ArcadeArmchair Arcade
  • Home
  • Our Books
  • Our Film
  • Games
  • About Us
  • Contact Us
  • Login

Mindfully Expanding a Business

Mindfully Expanding a Business
Mindfully Expanding a Business

Mindfully Expanding a Business

April 29, 2020 Posted by Abigail Massimo Editorial No Comments

Improving a business has to make sense and not something that should be done for the sake of it growing it. Many startups are looking into ways to rapidly expand their business endeavours with catastrophic results. Everything relies on having the right strategy and a mindful approach to expansion. Sometimes it is just as easy as offering the best service possible to people resulting in a large number of them either returning or spreading the world. Depending on the service, the right tools have to be used.

Not only growing your business is a worthy goal but also a necessary one for the business to survive and be able to stay competitive. Many times the growth happens naturally by providing a good service to people, they in turn spreading the news to others. Ironically, the case is often that while customer service is one of the most important aspects of business survival, it tends to be the first one that falls to the wayside during a business expansion, and many tend to focus more on growing the number of customers and services and avoid taking quality into account.

The Early Stages

The early stages of growth are the most important, and companies should try to maintain a simple presentation to people about what they can offer and focus on what the business is known for. This way, they can maintain a level of predictability and create a realistic expectation of what the person should expect. Expanding the product is essential before growing the business as one should avoid getting to a point where the business is unable to provide the product or service due to being high in demand and becoming unsustainable.

Refusing to expand until demand is high enough can also lead to problems early on and the key thing is to do a break-even analysis, where the demand goes hand in hand with the gradual growth of a business and employees can maintain a healthy momentum and workflow so that it does not become overwhelming.

Reviewing the Current Situation

Business expansion is met with both opportunity and perils that are unavoidable. It is a necessary stage in a company’s life cycle and doing it the right way matters a great deal. An issue affecting many ambitious entrepreneurs is wanting to grow fast and it has the potential to affect the company in unexpected and negative ways. Some research needs to be done before even attempting a business growth and one must first assess their own business and be aware of how it has performed in the past and also make some projections to find out how it can perform by expanding it. Great care must be taken into re-assessing the business infrastructure and record-keeping of products, deliveries, human resources, and a plethora of other issues that might affect expansion.

Expansion can have a positive impact on long-time employees and have the possibility to obtain a better position in the company while new ones take over their previous posts. The company culture will surely be affected as it expands. Many of them start with a set of values that gradually change with the company as it grows and the market becomes larger. While this is unavoidable, as entrepreneurs may become CEOs but that does not change the fact that they are people as well and are unable to control every aspect of a large company. So, they must find ways to share the company values throughout the business and to maintain the mindset that helped them grow in the first place.

Consider How Your Current Digital Infrastructure Could Be Slowing Your Business Down

If you’re coming from a smaller business, odds are you’re using little to no software in order to aid your employees and yourself. If your business is bound to grow, you need to consider how to streamline your processes in order to get more work done in less time and organize your information efficiently. Fortunately, there are thousands of options in the market available for each of your needs, whether it’s accounting, customer outreach, or supply chain management, there is a solution out there for you. You also want to take into account that cloud computing is the future, so look into ERP software on the cloud or other cloud software solutions that fit your requirements. Don’t let your growth be stunted by how you manage data and process your everyday tasks.

Develop Collaborations

During business growth, it can be a great opportunity to form partnerships with other companies, especially the ones that look to do the same. Partnerships with other companies that share the same values and a similar strategy is a huge benefit. A partnership usually brings a new audience both to your own business and the partner as well by sharing their exposure.

One example of this could be seen in online gambling platforms. For example in Switzerland, online casinos could only operate if it was made available by a land-based operator. And so, the land-based operator Casino Interlaken has partnered with Greentube, which is a reputable provider of online games, to make the online casino Starvegas available in the country. A small example of how partnerships can be beneficial to both parties. Finding a common interest with another partner can lead to great things and an easier way to grow and reach a wider audience.

Related

Tags: businessexpansiongrowth
No Comments
Share

About Abigail Massimo

Correspondent for Armchair Arcade.

You also might be interested in

5 Marketing Must-Haves for Digital Businesses
5 Marketing Must-Haves for Digital Businesses

5 Marketing Must-Haves for Digital Businesses

Jul 19, 2018

In the past century, technology has had a massive impact[...]

5 Things Every Business Should Invest In
5 Things Every Business Should Invest In

5 Things Every Business Should Invest In

Aug 19, 2019

When starting a business, many factors will determine how your[...]

Easier Ways of doing Business online
Easier Ways of doing Business online

Easier Ways of doing Business online

Aug 16, 2018

Owning an online business can be both challenging and rewarding.[...]

Leave a CommentCancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • How Cybersecurity Frameworks Like NIST 800-171 Protect Your Data
  • How To Find the Right Printing Partner for Your Nonprofit
  • Data Center Switch Basics: A Simple Guide For Beginners
  • Power Of Data: How LinkedIn Scraping Can Transform Your Research
  • Evercade Alpha TAITO Bartop Arcade coming, more NeoGeo and other cartridges, plus updated game list!
  • What to know about compliance when you play at social casino online sites
  • What are bonus buy slots?
  • 4 Things To Do While Visiting Los Angeles
  • Modern Gaming Monitors: What to Look for When Choosing for Esports Disciplines
  • How to Keep Your Competitive Edge in Online Games

Recent Comments

  • Aiodensghost on Official Game List for My Arcade Atari Gamestation Pro
  • keyboredom on Quick guide on how to play on the Internet Arcade
  • Bill Loguidice on Official Game List for My Arcade Atari Gamestation Pro
  • Melanie Levenstein on Official Game List for My Arcade Atari Gamestation Pro
  • George on How to Predict CS:GO/CS2 Skins Prices?
  • Bill Loguidice on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!
  • Derek on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!
  • Bill Loguidice on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!
  • Simon on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!
  • Viktor Špička on Retro Games Ltd to release The Spectrum, fully working ZX Spectrum, and here’s the game list!

Archives

Categories

Explore

android (46) apple (37) ar (37) Arcade (167) Atari (74) atgames (173) book (99) books (98) casino (501) esports (47) firmware (43) Flashback (45) gambling (525) Gaming (40) home arcade (115) htc vive (42) humble bundle (282) humble store (67) ios (37) led (35) legends (40) legends arcade family (46) legends gamer (33) legends pinball (39) legends ultimate (71) Microsoft (40) Nintendo (70) pc gamer (67) pc gaming (53) pinball (43) playstation (55) PS4 (36) retro (34) Sega (38) slots (83) sony (51) steam (145) switch (34) technology (35) update (42) virtual pinball (36) virtual reality (116) vive (34) viveport (42) vr (121)

Affiliates

+ Amazon

The everything store

+ Humble Bundle

Game deals, including name your price bundles

+ Playasia (Play-Asia.com)

Import games and collectibles

+ DJI Store

Amazing drones and related technology

+ Razer

Amazing PC gamer products!

fullSTEAMahead365 Your total news and information resource for all things Science, Technology, Engineering / Mathematics, Art, and Medicine / Health.

Human Advancement Never Stops.

Key Site Statistics

Posts published: 2,551
Latest publish date: May 31, 2025 @ 3:46 pm
Registered user count: 99,026

Contact Us

If you have a question, would like to provide feedback, or otherwise wish to get in touch with us, use this form.

Send Message

Blog Posts by Date

April 2020
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930  
« Mar   May »

Social Media and RSS

Support Armchair Arcade

All editorial content © 2003 - 2025 Armchair Arcade, Inc., an Armchair Creative Services, LLC, property. All rights reserved unless otherwise indicated. All trademarks and copyrights are retained by their respective owners. No content is to be removed or reused from the Armchair Arcade Website for commercial purposes without explicit permission from the principal Armchair Arcade staff, or the original trademark or copyright holders. Armchair Arcade, Inc., is not responsible for the content of any external sources or links. Further, endorsement of any external sources or links is neither implied nor suggested.

We thank you for your support and encourage you to contact us for any reason, including, but not limited to, questions, concerns, business endeavors, or praise. Especially praise.

Armchair Creative Services, LLC, may earn compensation for sales from links on posts through affiliate and other programs. Editorial rigor and objectivity standards are strictly adhered to and any compensation has no effect on coverage or opinions.

Prev Next