INTERESTING FAQs
Based on various customer interactions and our experience, we have covered many commonly asked questions and concerns about our services
Running a business requires you to wear many hats. The mistake is made when you think you need to be proficient in all areas of business.
From our experience, we observe, most of the business owners and first generation entrepreneurs are of belief "I know everything" – Until - there is a very obvious or sometimes a serious problem that requires "specialised knowledge".
Rather than wait for a problem, ask yourself, "Where is my business in relation to its potential?"
This is a perfect opportunity to get an objective opinion as to the "health status" of where you are now and where you want to be.
It's not as important for you to know all the answers as it is to know where and when to find someone else who does.
And hey, we don’t charge a fee for the initial meeting, why not investigate the possibilities?
Even if you are happy with your current performance, it’s important to keep looking for ways to develop.
If You Don’t, You risk allowing your competitors room to grow and eat up your market share which eventually could seriously weaken your position.
More and more information available not only online but also in a searchable format! In other words, whilst general information is often available freely in every sense of the word.
However, information that is sufficiently specific, validated and well presented to be of real use to decision-makers often requires a specialist market intelligence provider
Market research & Business Planning is important for every type and scale of business and should not be just a one-off activity.
Regardless of whether you’re small or big ; starting or expanding your business, market research & Business Planning is vital. Successful businesses conduct research on a continual basis to keep up with market trends and to maintain a competitive edge and plan their way forward.
If you have never undertaken market research before, it may sound expensive.
However, when you put it in perspective and relate it to the costs of “rightly” launching or growing a product or service then the costs is relatively low.
The companies that do well are the one's who do their homework
Optimally, these services should be undertaken periodically to improve performance. It can take place at any point in an organization’s life cycle: start-up, growth, maturity, or stagnation/turn around.
Consider it as an investment into your future. If you make the necessary adjustments to your product or service and organization now, you'll save money in the long run.
It does not guarantee business success. However, it can greatly increase your chances of success
If you do not follow a process, you may find yourself going in circles and revisiting the same issues over and over without making progress. In addition to wasting time, the frustration may cause you to make poor decisions that can haunt you later.
We believe, constructive criticism is valuable; it enables you to modify, adapt your product or service – or in the worst case, scrap it altogether, but this could prevent you making an expensive mistake.
At Expandus, we are honest to give Negative Feedback (if necessary) even after customer invests thousands in conducting market research or feasibility study.