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NLV Pt. 2 | Scalable Strategies for Business Growth

  • Virtual Link will be provided to cohort members (map)

Take your business to new heights with our Scalable Strategies Workshop. Explore the essential elements of building a scalable business model that can sustainably grow over time. Discover the products or services with the highest potential for scaling and learn proven strategies to enhance your bottom line. We'll also delve into methods for scaling your business without compromising quality or customer satisfaction. Join us for this transformative workshop and unlock the secrets of sustainable growth.

During Week 2 participants will

  • Lay a foundation and identify products/services with the best potential for scaling.

  • Explore strategies to ensure business sustainability and improve the bottom line.

  • Discuss methods for scaling the business without sacrificing quality or customer satisfaction.

 

Business Requirements

  1. 3-50 employees

  2. $500k to $20 million in annual sales revenue

  3. 5+ years in business

 

Additional Sessions In This Program

 

The Next Level Ventures cohort program aims to help business owners identify areas of opportunity to make their businesses scalable and more resilient, help with succession planning, and risk management to prepare for uncertain times, and develop small businesses to a point of transferability and sustainability. Discover the keys to unlocking your business's full potential by joining our program! Register for the series and gain invaluable insights into effective delegation techniques that will empower your employees to take on more responsibilities, allowing you to focus on strategic initiatives. Streamline your processes and systems to enhance efficiency and productivity, enabling your business to thrive in today's competitive landscape. Moreover, we'll guide you in creating a sustainable business model that reduces dependence on external stakeholders, ensuring greater resilience and long-term success. Don't miss this opportunity to transform your business and secure a brighter future.

 

Week 1: Understanding Your Vision; Goals & Business Valuation

September 5th

  • Clarify or define your company's vision to provide a clear direction for goal setting and business planning.

  • Create annual and monthly goals to benchmark, maintain, and track progress.

  • Address questions related to financial documentation and ensuring business success.

Week 3: Minimizing Dependency on the Business Owner

September 19th

  • Evaluate the activities that consume the owner's time and their impact on the business's value.

  • Identify ways to improve employee engagement and minimize dependence on the owner.

  • Address work-life balance concerns while continuing to grow the business.

Week 4: Strengthening the Foundation of Your Company

September 26th

  • Help business owners minimize reliance on any one employee, customer, or supplier.

  • Discuss strategies to manage the potential loss of significant customers, suppliers, or knowledgeable employees.

  • Strengthen the business's foundation for enhanced resilience and adaptability.


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Earlier Event: September 7
LSBDP Pt. 6 | Bidding and Procurement
Later Event: September 12
LSBDP Pt. 7 | Business Holistic Wellness