Grow my business through skills

As your business grows, the skills your business needs to access grows too it is essential that you recognise when new skills are needed and you take the right steps to meet them.

• As your finance arrangements become more complex, you'll need staff to manage company accounts, and find and manage outside investment
• Your marketing may need to be more sophisticated - therefore you'll need to understand advertising, the media and digital marketing such as email marketing, social media and pay per click and paid search advertising
• The number of employees may increase to a point where you need to hire HR professionals, who may also help your business comply with employment law
• If your business is involved in a sector where health and safety is particularly important, eg construction or manufacturing, you may need to hire health and safety professionals
• New equipment and/or processes in your business may mean that you need to hire technical specialists
• As your IT system becomes more complex, you may need to have in-house IT knowledge
• If your business expands into export markets you will need a unique set of skills for selling in various countries with different ways of doing things and different cultures
• You could consider building a management team, delegating responsibility to other staff, recruiting to fill a skills gap, outsourcing the work to a specialist and training existing staff to meet your skills needs