Leading accountant Pauline Ho founder of Laus Consulting Services LLC in Orlando, FL shared valuable insights to aid small business owners in accelerating their growth plans and scaling their business. For more information please visit https://lausconsult.com
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In a recent interview, leading accountant and CPA Pauline Ho, head accountant at Laus Consulting in Orlando, FL, revealed vital information to help small business owners accelerate their growth plans and scale their business.
For more information please visit https://lausconsult.com/
When asked to comment, Ho said, “Expanding a successful small business can be even more challenging than establishing it. But there are important strategies to help overcome the odds of growth."
According to Ho, keeping it simple could be the key difference between a failing business and a flourishing one.
“The everyday operations of a business often become increasingly complex as the company grows, and these complexities are often transferred to the customer,” Ho said.
When asked for an example, she commented, “For instance, customers don’t want to jump through hoops in a complex ordering system to purchase your business’ product or service. Keeping those processes simple through using the latest automation tools could not only help cut costs but also keep your business attractive to existing and potential consumers.”
Ho also emphasized the importance of leveraging hard data about the company to their advantage. "Metrics such as leads, conversions, and customer lifetime value tell the story of your company. You can use this narrative to attract new players in the marketplace and retain your current customer base.”
Ho emphasized that keeping focused on the goal is crucial for driving a small business forward.
When asked to elaborate, Ho said, “One of the biggest mistakes made by small business owners is straying from the original plan for business expansion and profit maximization. While some opportunities are worth pursuing, saying yes to every one can lead to loss of focus.”
"That's why it's crucial to make a plan and stick to it. Keeping the end goal in sight will help in making difficult investment decisions and knowing when to decline."
Ho added that one way small business owners can stay focused is by hiring relevant professionals to assist with expansion needs.
“Seeking assistance from legal and financial experts, such as an interim CFO, is crucial for increasing profit margins, especially when venturing into new territories to attract new customers," she said.
Source: http://RecommendedExperts.biz
Contact Info:
Name: Pauline Ho
Email: Send Email
Organization: Laus Consulting Services LLC
Address: 879 Outer Rd B, Orlando, FL 32814
Phone: 407-401-9768
Website: https://lausconsult.com
Release ID: 89127931
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