How to grow a business

Business running smoothly and ready for a new challenge? Learn what goes into growing a business and get ideas to help you take the next step.

Ideas for growing a business

Check out some of the common approaches business owners use to reach new markets and drive up revenue.

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Learn how growth differs between young businesses and more established ones, and the different challenges they face.

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You’re not going anywhere without a roadmap. Find out what to include in an effective and usable business development plan.

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Key performance indicators (KPIs) can direct, drive and measure business growth. Learn how to use them.

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Explore your options for getting more money in the door. There are a few ways to do it. And get some tips and tricks to help.

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Will you expand your product or service offering? break into new markets? or double down on a niche?

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Once you’ve decided how to grow your business, you’ll need to execute the strategy. Get tips and tools to help.

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This guide is intended as general information only. Always check with a professional for advice.

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Includes articles on writing a business development plan, increasing revenue, using KPIs and more.

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Xero makes small business software, used by 2.7 million+ subscribers.

What is business growth, anyway?

For many people, growing a business means growing revenue. But there’s also profit growth. And some people just want doing business to be easier and more efficient.

51%

want to grow

48%

want to increase profitability

89%

want to be more efficient

What you mean by growth will determine how you grow your business.


What’s the plan?

How will you grow your business? No, really – a plan would be a huge head start on the competition.

22%

of businesses don't have plans

Nothing ventured?

Growth might just happen. But you will most likely have to take some risks. What’s your appetite for that?

27%

are prepared to take risks

Source: Hearts and Minds, Xero (2017)

Handy resources for growing a business

Since you’re wondering how to grow a business, you might find these resources helpful.

Business plan template
Business plan template

Use one of these templates to help get your growth plans out of your head.

Choose a template

Business plan template
Guide to hiring

Ready to take on staff to help your business grow? Read our guide to understand the steps.

Read the hiring guide

Guide to finance
Guide to finance

Need a few extra bucks to get growth underway? 
Learn about your options.

Read the finance guide