Pathways to Growth For Your Construction Company

Starting a construction business is a relatively easy process with low capital requirements. But as every contracting business owner knows, after a short startup honeymoon, it can be extremely hard to maintain momentum and profitable growth.

This is why it is so important to have a clearly defined business development and marketing program to support your operation. It doesn’t have to be a department or a marketing staff but it does require a commitment from the owner / managers and a very clear picture of the company’s core values, a Value Proposition, a definition of what success looks like to you and a plan to get there.

Only then can you evaluate and determine the paths you will follow to meet your business growth goals. The following list outlines opportunities that must be evaluated as a marketing plan is developed. This, in conjunction with your Value Proposition, will define a clear path for growth and profit opportunities.

Pathways to Growth include:

  1. Sell more of your existing products and services to your existing customers
  1. Existing offerings to new customers
  1. New offerings to existing customers
  1. New or improved delivery channels
  1. New geographic markets
  1. Acquisition of products, services or entire businesses
  1. Develop new offerings for new markets

At The FlatRock Group we help companies grow their businesses and increase their profits by clearly defining their Pathways for Growth and an effective Business Model to support it. Call us today and start growing your business.

Kent Leighton     kent@flatrockgroup.com       830-201-0678

 WWW.FLATROCKGROUP.COM

©The FlatRock Group 2014

Spread the word. Share this post!

About the author

Kent Leighton, Founder of The Flat Rock Group, has more than 40 years of experience in the Construction and Development Industry. Having owned a successful midsize General Contracting firm he understands the opportunities and trials of running a successful business enterprise. His passion is sharing his victories and his scars with leaders and managers to help them grow and prosper.