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Scaling your business: Tips for Expanding and Growing

In today's episode, Jordan Kidis & Zara McGuffie go through strategies and tips you need to know in order to grow your business and why it’s important to scale for long term success and competitiveness.

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In this episode of the Australian Business Podcast, we cover key strategies for scaling a small business, including assessing readiness by evaluating financial health, operational efficiency, and customer demand. 

We discuss finances, focusing on budgeting, funding, and cash flow management, and emphasise the importance of building a strong team through strategic hiring and leadership development. 

Additionally, we explore leveraging technology to streamline operations and enhance customer relationships, and provide tips for market expansion and effective marketing and sales strategies to support business growth.

Topics covered include:

  • Assessing Readiness for Scaling 
  • Finances and Growth
  • Building a Strong Team
  • Leveraging Technology 
  • Expanding your market
  • Marketing and Sales Strategies

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Zara, Owen, Jordan and Danil are proud to invite you to join our free online business owners community. Filled with videos, PDF downloads, daily discussion and more, you can join now for free to unlock episode resources and goodies. Click here to join us online.

✅ Grey Space Advisory – snag a $100 health check

Do you get stuck worrying about your business’ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check.

Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank setup, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! You can book a $99 health check with the Grey Space Advisory team and tell them Owen sent you.

🏰 Rask – Get Owen’s best investing research

The Australian Business Podcast’s official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether you’re new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.

As Warren Buffett famously said, “I am a better investor because I am a businessman, and a better businessman because I am no investor.” 

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The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

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