National Brokers Network

Business Development Strategies for Small Business Owner

What are the steps you can take to grow your small business? Here is what we think are calculated steps you can take to inch closer and closer to success. Read on to be guided.


Move on Fast

During the early stages of your business, you are going to face a lot of rejections. Whenever people turn you down, do not be discouraged. Sooner or later, you will come across the right people who can help you advance your cause.

Rejection is common at the beginning of every business endeavour. However, they happen even after that too. At whatever stage it might catch you, never lose sight of your goal and keep moving forward.


Establish Relationships

No one would like to feel used. In the context of business, your clients and partners would not appreciate a purely transactional interaction. Do not make clients feel like you are solely concerned about making a sale in exchange for their money. In the same vein, do not make your partners feel like you will only use the connections they worked hard for to your advantage. What you need to do instead is to build mutually beneficial relationships.


Initiate Contact

Do not hesitate to start a conversation with people you just met. Your boldness might open doors to opportunities that might not be available to you otherwise. Every new relationship is a link that can connect you to the people your business needs to grow and flourish.


Connect People

Use the relationships you have built along the way to connect people. Having a desire to help is a great attitude a business owner can have. You can act as a bridge that connects people and businesses through a simple introduction. People will most likely return the favour when they remember how you were there for them when they needed help.


Hire the Right People at the Right Time

In the beginning, you might not have enough resources to hire a workforce. When the time comes that you can afford it, make sure to choose wisely. Look for the people with the right combination of skills and attitude to help you meet your business goals.


Listen to the Client, Not to Yourself

As a business owner, your role is to provide a solution to a problem your target clients have. Creating a solution that works involves listening attentively to what your clients say. Use your clients’ input to customise your solution accordingly. Failing to do so is a good reason for your clients to turn to your competitors instead.


Do Not Resist Change

Instead, adapt to it accordingly. What sets successful businesses apart from all the rest is their ability to embrace and adapt to constant changes to survive and thrive.

Right at the onset, it is crucial to take care of your business. Even if you are yet to make it big, developing the right attitude can set you up on the right track. When an opportunity to put your business for sale comes up, the chances are high that you can capture the interest of investors. Should you need expert advice on how to deal with these matters, feel free to contact our team through any of the following means: (phone) 03 9226 9222, (fax) 03 9078 6315 or (email)

Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

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