1. Frequently Asked Questions
  2. Knowledge From TFW Advisors

What are 4 questions to ask to spark growth in my business?

1. Why are you in business?

Asking this question early and often in your business-building process will help you stay focused on what’s most important. It is a guide rail for making sure you remain true to your mission and don’t get pulled off course chasing shiny objects.

2. What are your values?

Defining your core values is critical for you as an entrepreneur and for your business. Then, use those values as the foundation for everything else in your organization. Your values should influence who you hire and who you choose to do business with.

3. Who do you need on your team?

Growing a business is not an individual sport. Think about your goals and the skills you’ll need to reach them. Then invest in finding and retaining the right people and partners.

4. How are you creating systems and documenting processes?

Systems and processes allow you to add more people to your operations while maintaining quality and efficiency. If you aren’t building systems and processes in your business, you will severely limit your ability to grow.

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