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  • Great experience working with you to gain clarity of what needs changing in my business. Stephen Jordan Access to Africa - 25 August 2011, Marketing Module

Business Development

The Strategic Advantage of Business Development

If you’re starting a new business or are changing the strategic path of an existing business then it is imperative that you and your management team pay careful attention to the guiding principles of business development. Business development guidelines help plan for entry into new markets, the consolidation of a current market position and also give the management team an idea of the competitive environment within which the business is operating. The business development process can be highly structured and technical so in many instances it is preferable to have a professional business development consultant visit the business and serve to guide the senior management through the business development process. By analysing the business development process senior management also get a better idea of the entire manufacturing and sales process. This insight can help identify new markets, but can also help cut costs and manufacturing times.

Many management gurus maintain that an effective organisation is one that never stops the business development process. As market conditions change due to new technologies, trends or social and political change the organisation must be ready to not only make allowance for that change, but to take advantage of the situation as new markets emerge and current markets change.

The most severe risk of ignoring the financial imperative of business development is often faced by smaller companies which rely on personal contacts to supply business to them This approach can very easily lead to an anaemic sales pipeline. It is precisely those businesses which consider themselves too small to require an organised approach to business development which should be prioritising the process.

If you need help with business development or feel that your organisation could benefit from a more structured approach to business development then contact us and we’ll supply you with a professional advisory service and the tools to increase your market penetration.

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  • Great experience working with you to gain clarity of what needs changing in my business. Stephen Jordan Access to Africa - 25 August 2011, Marketing Module

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  • Johannesburg, Gauteng, South Africa
  • Tel: +27 (0) 11 447 5575
  • Email: enquiries@aurik.co.za

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