Find new business opportunities

Introduction

Guidance

Finding and acting on new business opportunities is one of the best ways to boost your profits. You don't always need massive corporate budgets to compete. Simply stay alert to changes in your market, such as economic trends, new regulations or shifts in customer demand, to spot realistic opportunities to grow your sales and market share.

Before chasing these opportunities, get clear on your goals and what makes you different from competitors. Research your market, customers and products or services, understand the demand, and why people choose to buy from you rather than others.

This guide explains how to identify new business opportunities and compete to win business. It tells you how to grow your business organically and use a SWOT analysis to find business opportunities.

Support to grow and scale

You can get free advice and guidance from your local council to help you grow your business and scale up operations. To request support, complete a short enquiry form or call the Go Succeed helpline on Tel 0800 027 0639.