Logo - Business Development Bank of Canada - BDC
Planning your growth

5 ways to achieve sustained growth

3-minute read

What is your strategy for growth? While most entrepreneurs want to expand their business, few have a solid plan to map out their long-term growth. Watch this video to discover five key steps for developing a strategic plan that will set your company on the path to sustained profitability and growth.


If you're like most entrepreneurs, you want to grow your business. But what's the best way to achieve this goal? And how can you make sure you keep on growing, not just in the short term, but for years to come?

One of the most important strategies any business can adopt is to plan ahead. According to a recent BDC survey, the most successful companies are much more likely to have a strategic growth plan compared to less successful companies. They also measure their performance with more metrics.

In this video, you'll discover five key steps for planning long-term growth. Find out how to develop a growth plan that suits your company. And discover why it’s so important to invest in innovation, reach out to new markets and learn to better manage your time.

Smart growth is a combination of all these factors, plus an ability to adapt your plan to changing circumstances. Follow these steps and you'll develop a long-term strategy that puts your business on the path to sustained, profitable growth.