Why some individual businesses grow faster than others.

[Axis]

Day after day new businesses are coming into light, and one of the common feature about majority of these new businesses today is that minority of them are becoming successful but also majority of them are not becoming successful. The truth is that many people want to establish business but not a reasonable amount of people actually know how to manage and operate business and as a result of this their business suffer the consequences and at the end of the day they do not reach their business goals and objectives.

Two of the major reasons why majority of business organizations seems to be striving effectively and better than others is; first because they have good customer services, and because of their good customer services they become more recognized and more familiar by members of the public. The second reason why most businesses seems to be striving effectively in profit and revenue than other businesses is because the goods and services they sell or render is made of high quality raw materials, or possibly the product or service itself is unique.

 

[Phantasm]

These are why some individual enterprises grow faster than others:

1. First and foremost, there are several reasons that one business grows faster than another. Some of them include: uniqueness and innovation;

2. Secondly, market timing and adaptability contribute towards the growth of a business. This is due to the fact that businesses are always looking for ways of outdo their competitors.

3. Thirdly, effective marketing and branding strategies play a major role in enhancing growth in businesses. A good example is a well-targeted advertising campaign that would increase visibility and attract customers thus driving growth.