Whichever side of the
argument you are on, you cannot deny the uncertainty the Brexit negotiations
are bringing to the country. Many want the situation to be resolved as quickly
as possible, but there is no end in sight yet – and no idea how things will
progress as we move forward.
Understandably, there
is uncertainty in the business world, too. If you own a business, you may be
considering your position and wondering how to grow your business in the current
climate. Yet while there is uncertainty regarding the global position and
whether any trade deals will be made, the same cannot be said of local business
concerns.
In fact, thinking
locally may well be the best option at present. It means you need not worry
about whether a deal with the EU has or has not been made. It puts you in
control of your options. It could even mean you tap into a market you
previously hadn’t thought too much about.
How to begin
Some businesses are
naturally better suited to doing business locally than others. Any business
dealing in perishables, for example, would fall into this category. However,
all businesses can do business locally as well as globally. It just takes a
different approach.
Perhaps you have a
local customer or client base already. If so, think on how you can expand it.
If not, think about how you can create one. Advertising locally, using
geographical promotions online, and simply talking to people can all work well.
Seek advice and support from an
outside source
If you are delving
into an area you know little about, it requires research, knowledge, and
support to achieve the results you want. Doing business locally may seem far
easier than finding clients abroad, but don’t underestimate the unique
challenges that may come your way by doing this.
This is where a
business management coach can be valuable to you. Talking through your options
and considerations can help enormously if you are planning to tackle any new
goals for your business. An experienced business coach can help guide you and
provide insight into areas you may not have thought about.
As always, preparation
is key to minimising errors and achieving the best results. This applies to all
areas of business – Brexit deal or no Brexit deal. If you’re feeling as if your
hands are tied waiting to find out what happens next, take control by looking
at local markets you do have control over. Regardless of the type of business
you have, the chances are you can develop it in ways that are not reliant on
knowing the outcome of the Brexit negotiations. Nothing is going to happen soon
anyway, and there is still a chance it could end with no deal in place.
Changing your
viewpoint on your business could be the best way to achieve forward momentum
and additional sales at present, no matter what industry you are working in.
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