While business owners in all industries have different objectives and visions for their companies, nearly all of them share one common goal: to grow their businesses and see them become more profitable.
But as the saying goes, a goal without a plan is just a wish.
In fact, a business owner who isn’t sure how to plan and measure growth is building his or her business on shaky ground. In order to see steady growth, business owners need to create a plan and monitor their progress toward their goals. That's where benchmarking comes in.
“San Antonio is very well located and poised for strong long -term economic growth,” says Ernest Brown, the San Antonio Managing Director for Grubb & Ellis, a commercial real estate firm. In a recent meeting at the San Antonio Business Owners Meetup, Brown gave a presentation titled “The San Antonio Commercial Real Estate Market View”. He shared his projections on business growth in the city and believes San Antonio will experience, industrial, manufacturing and retail market expansions. He said trends are showing San Antonio’s location, existing industry, future opportunities and a projected educated workforce will drive the growth. Brown concluded, “The general office market has seen a positive lift. I expect this service- orientated market to see growth in the medical fields and national security administration work. “Location is huge valuable commodity, that San Antonio happens to be the beneficiary of and in real estate it’s location, location, location.”
Topics: Blog Posts
Since 2007, banks have been nervous about establishing working capital lines of credit for their business customers. Knowing some of the secrets of securing and using your line of credit will help make sure it is available for use when you need it.
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