One of the best things you can do for your business is to take a step back and think strategically about options for stabilization AND growth. Economic uncertainty is a powerful motivator. A planning tool known as the Ansoff Matrix can help! Combine the results with Produce Inventory Control System (PICS) software, and you’ll be ready to get growing!
The Ansoff Matrix
Penetrate Existing Markets with Existing Products and Services
In its simplest form, the grid shows 4 growth strategies, the first “Market Penetration” focuses on doing more with what you already have. To better understand the ins and outs of each strategy, hop on over to the BDC article, “Finding new opportunities in response to trade tensions”. A twelve minute read could change everything!
PICS
The Canadian Software Solution of Choice
