business growth

Tips and Tricks to Hack Your Business Growth

All businesses go through the four stages of the business cycle: contraction, trough, expansion, and peak. These stages recur throughout the life of a business from the startup stage to the resource maturity stage. Growth and expansion are the trickiest stages of the business cycle because they come at a huge cost. We have seen many businesses grow rapidly only to sink after a short while. Here are a few tips and tricks to hack your business growth and sustain it to the maturity stage.

Come up with the right mix of debt and equity

Growth requires finances. For you to realize the growth that you are targeting, you should choose the cheapest form of financing at your disposal. Remember that in business, one way of facilitating growth is reducing the costs of production. Debt is readily available, but it is more expensive than equity.

Raising funds through equity may also be a challenge especially when the business risk is still high. Therefore, depending on the circumstances, you should come up with the right mix of these two forms of financing to ensure that your business can comfortably finance its growth plans.

Embrace the latest technology in your business

embrace technologyDo not expect to grow if you are still using outdated technology in your business. Today, technology is the heartbeat of every business. We all know how essential technology is to every type of business. Furthermore, customers will always prefer the trendiest and the latest technologies to the old technology. Therefore, change with the changing times as far as technology is concerned if you envision growth and prosperity in your business.

Embrace creativity and innovation in your business

One sure way of getting head and shoulders above your competitors is doing things differently. As a rule, in business, whenever you do something that no one else does, your boat floats on the sea as others start sinking. Therefore, break all the rules of dogma and come up with something new that solves a significant problem. This way, you will not struggle to grow to the next level. You will just find yourself there.

Adopt a direct sales approach

Instead of having several middlemen who make the price of your goods high to the end consumer, sell your goods directly to your customers. There are several ways of doing that, and you can choose the most convenient and for your type of business.


All business are faced with several risks. Some risks are so catastrophic that they can lead to the closure of your business if you are not careful. One way of reducing the impact of these risks is diversifying your products and procedures. If one fails, the other one works, and you remain on the right track.

Aim at making your customer happy

Most businesses do not get it right when it comes to meeting the needs of the stakeholders. To most businesses, the shareholder is the king. While it is okay for the business to concern itself with creating wealth for the shareholder, that is only possible if the customer is happy. Therefore, if you want to fast-track your business growth, let your customers be king.…

healthy lifestyle

Ways to Adopt and Maintain a Healthy Lifestyle

With your health, you do not have to wait for new years to make your resolutions. There is no right time that you should begin looking after your health. The time is now, and you should know the kind of things you should be doing in this regard.

It is not easy to lead a healthy life, but with motivation and willingness to make a few sacrifices, you would be the winner. Try these ways to adopt and maintain a healthy lifestyle and see how far you would go.

1. Have a meal plan

Do not be the type that eats what they come across. You should plan of what to eat throughout the week. This way you will not abuse the needs of your body. It is from impromptu eating that you can take anything in the name of food.

With a good plan, you will find time to cook your meals. You should have adopted this one habit for the sake of your health. Every time you eat, you will know what exactly is on your plate.meal plan

2. Make water your friend

You have probably heard this a thousand times. Drinking water could be a lifesaver. However, many people choose to ignore this. It is time you decide to save money and be a champion for your health. Drink as much water as you can per day. If you have to, add some fruits sap and herbs to make it tasty.

3. Find time to exercise

It is not in vain that you should be exercising. To keep a healthy and fit body, you need some exercise. For many people when they hear about the exercise they think about rigorous gym routine. No, it does not have to be that. You could take a leisure walk, and that counts as exercise. Find something physical you like to do; it could be dancing, and make it a habit. You will be surprised how such little effort could help you on the health front.

4. Lead a simple life

Stress is one of the worst things you could allow into your life. You should, by all means, avoid anything that stresses you. Lead a life that is simple, and you will never have to worry about depression.

If your income is not as much as you want it to be, plan for it well and financial woes would be the last problem to deal with. Stay away from anything that triggers stress and you will not only lead a healthy life but a happy one as well.

5. Cut down casual drinking

casual drinkingIt is understandable that “booze Tuesday” and “wine Wednesday” are filled with fun, and you never miss any of them. What you do not realize is that you are hurting your health. It is time you say no to casual drinking. It is not bad to take down a glass of wine occasionally but making it a routine is bad. You could as well let go the drinking habit.

Do not let your health go to the drain when there is everything good to do to save it. You have more than enough reasons to adopt habits that safeguard your health.…