bilal basrai - tips for growing or expanding your business
TRANSCRIPT
BILAL BASRAITips for Growing or Expanding
Your Business
Bilal Basrai has been working in the financial industry since
he graduated from college in 1996, and he is committed to
the success of his company.
He has a great deal of experience in the industry, and was
even a top ranked analyst for the majority of the
healthcare stocks he covered during his time as an equity
research analyst.
He is committed to his career, and to serving the needs of
his loyal client base.
As a business owner, Bilal Basrai understands that
expansion is essential in order to maintain success.
However, expansion isn’t always an easy thing to
accomplish for your business or company. Not only do you
have to understand the present situation of your company
in terms of clients, services provided, and of course
financing, but you also have to understand the long and
short-term futures.
Here are some tips for business owners looking to expand.
In order to successful grow your business and expand,
you need to develop a plan.
Figure out exactly where you stand presently regarding
your company overall, and determine whether or not it’s
the right time to be thinking about an expansion.
Having a plan will leave no question as to when and how
to expand your company, and it will help feel at ease
because the unknowns will be expelled from the process.
Before you begin to make expansion plans, think about how
you can diversify or expand your services into other areas.
When business owners think of expansion, then tend to
think of new locations or a physical display of growth.
But expansion can come in many forms, including offering
your clients new services that compliment what you already
provide.
Think of what your current services could use, and then
provide something new to the customer that they don’t
already have.
Lastly, think of a new location. This is probably what
comes to mind first when growth or expansion is being
considered as a possibility.
Figure out a location that suits your needs the most,
which means doing some research on the people you
serve; find out where they tend to be located, and pick
a spot with a good amount of foot traffic.
Bilal Basrai understands
the work that goes into
company expansion, but
he also understands that
it’s essential in order to
stay on top of your
industry.