http://ezinearticles.com/?11-Reasons-to-Reject-the-Recession-and-Grow-Your-Business&id=2501202

Since we are currently working on our semester project, The Broadway Cafe, I thought it would be good to research other companies and see what they have done to reinvent their business. I know that with the company I work for, WB Mason, they were going through turmoil and had to reinvent themselves and did an outstanding job. But this article I have found gives a few pointers on how to reinvent your company through tough times, which is exactly what the Broadway Cafe needs.

In 11 simple steps, you are shown the ways to grow your business. The first step is getting yourself into the right state of mind for growth. Maybe this means a vacation or even some training in an unfamiliar field. The second step is to do some audits of the business maybe to update some training or employee manuals or figure out renegotiations with the landlord. The third step includes reviewing your business insurance and the 4th is to talk to your employees and get them motivated for better production and growth.

5th,6th, and 7th all involve upgrades. 5th is to upgrade your office equipment, 6th is to upgrade your computer network and 7th is to upgrade your accounting system. All of these upgrades will be beneficial to the company and to the employees to decrease manual labor. The 8th step is to talk to your customers and find out how they are feeling and what they prefer. This will give you a better idea of what changes to make.

The 9th step is to update your website and make it more presentable for the customers. The 10th step is to contribute locally in your community because a successful business owner should always give back. Finally, step 11 involves creating a communications plan. This involves the way you treat your customers in every aspect. Even if you have been great to them, be better because they are what will determine the growth of your company.