diversification

diversification Archives

Tommerup’s Dairy Farm’s diversification helps build innovative, sustainable business

The 80-hectare dairy farm turned away from mass production and large-scale supply chains - all its milk and cream are pr...

Why sales channel diversification can benefit small-business owners

It is key to never rely on a single sales channel as if and when it dries up or the industry shifts, a once viable busin...
fired

“You’re fired”: We sacked our biggest client and would do it again

Diversifying your client base and being more selective about who you work with can mean a more robust business and more...

Why SMEs should be tracking their business diversification

Digital tools can help manage diversification efforts by providing robust financial processes and help scale your busine...

Five key financial mistakes SMEs should avoid in 2022

Cashflow is king (or killer!) in business - it’s crucial to know your numbers, have good recordkeeping practices and dev...

Why and how small businesses need to diversify their marketing strategy

Why putting all your eggs in one or two marketing baskets is a dangerous strategy, especially for a small business.