Five Strategies to Grow Your Catholic Family Business  

This article gives five strategies in which to grow your Catholic family business.

Introduction

Like any enterprise in our information society, a Catholic family business is composed also of both intellectual capital and tangible assets. To grow our Catholic business involves taking into account some strategies that we can implement, so that we can grow both intangible and tangible assets of the business. The basic principle though, by which these strategies are rooted, is the service-orientedness and and customer-orientedness character in which the Catholic family business is stamped with.

A people-oriented enterprise

When we make our Catholic family business a people-oriented enterprise, then we can truly focus on those classic and traditional values of our Catholic faith: generosity of service, and charity - especially in the sense of the gift of our entire selves to the vision of the Catholic family business. As we give all of ourselves and also the best of ourselves to the customers and clients we serve, they will truly value our business because of the benefits, advantages, and privileges we incorporate in our customer-focused services. Although we should not also forget to balance our business to include being good and faithful stewards of the tangible assets we manage, what is really primary is to take very good care of our customers and clients. When our customers and clients feel this, then we are directing our family business towards sure growth: growth in terms of its intellectual capital, and also growth in terms of the tangible assets we need in order to make the operations of the family business excellent in its services.

A commitment to growth

One very important assumption that we must take into serious consideration is the decision to grow our Catholic family business. Often, what really prevents a family business from growing, is because we ourselves are not convinced of the value of growing it. If however, we have seen the value of the services we are providing, then we can make a decision and a commitment to grow the Catholic family business. What is important though, is that in tending and managing the business for growth, we must always be aware that growth really takes time. And the fruits of all our labor will come, but in due time. To save ourselves from the error of wanting immediate results, we must be more process-oriented rather than results-oriented. This way, we will work hard and also enjoy doing business. And as we go on through our business processes, we may suddenly be surprised and realize one day how far our Catholic family business has grown from all the business processes we have used and applied.

The five strategies to grow our Catholic family business

#1 Keep in strict confidence the customer's information

One strategy to grow our Catholic family business is to keep close to the customer. Being close to our clients makes them feel at ease with us and makes them also feel as if they are part of the family business. As they give information with regard to themselves or their families, it is to the advantage of the Catholic family business if this information is always kept in strict confidentiality. Doing so wins and increases the trust and loyalty of our customers and clients. This manner of treating our customers and clients will help us maintain a core clientele loyal to us. It is this core clientele who will refer our Catholic family business to their relatives, friends or associates.

#2 Make B2B relationships profitable

Although our Catholic family business espouses the value of generosity of service and charity, it also needs to aim for profit if we want our operations to continue for the long-term. In dealing then with banks, financial institutions, and other businesses that help us in our operations, we must also present ourselves to them as a business, which like them, also aim for profit. When we grow our business with this in mind, then we are assured that the Catholic family business will be firmly anchored and rooted in a business network that engages in profitable relationships. As our business enlarges this network to include other businesses, then we must also continue to aim for profitable relationships with these new businesses so that our Catholic family business will not only survive and thrive but also prosper in a way that its services will benefit more people.

#3 Create a page in your web site specifically for your customers

Another strategy to grow your Catholic family business is to dedicate one page in your web site for the information needs of your customers and clients. In this page specifically meant for them, you can place the links that help them access information related to your business. Also, to increase their ability to obtain vital information related to their family life, you can place a Google search box and Google AdSense in that page. Dedicating a page like this for them will help them gain not only the information services of our Catholic family business but also direct them to the mainstream economic life and business network of the internet.

#4 Investing in books and material to update our know-how related to our Catholic family business

Since our information age emphasizes on the value of information, it is vital that we update ourselves as regards anything that has to do with our Catholic family business. First and primary is certainly what relates to our Catholic faith: in terms of the use of the internet, the teachings in relation to the family, and everything that is related to how we function as a Catholic socio-economic unit. Constantly investing in know-how will help us be up-to-date with what is currently the mainstream thinking of the Catholic Church, the business sector, and the internet world.

Below is a starter list of books and material that can help you grow your Catholic family business:
  • "Rapid Development", Apostolic Letter of the Holy Father John Paul II to those Responsible for Communications
  • " The Holy Use of Money: Personal Finances in Light of Christian Faith", by John C. Haughey
  • "The Tipping Point: How Little Things Can Make a Big Difference", by Malcolm Gladwell
  • "Profitable Customer Relationships", by various authors [Top CRM Experts Reveal the Secrets of Creating Customers for Life]
  • "HyperWars: 11 Essential Strategies for Survival and Profit in the Era of Online Business", by Bruce Judson with Kate Kelly
  • "Intellectual Capital: Core Asset for the Third Millenium Enterprise", by Annie Brooking
  • Merriam-Webster's "Guide to International Business Communications", by Toby D. Atkinson
  • Windows IT Pro magazine, especially the volume II no. II copy
#5 Attracting investors by sharing the trade secrets of our Catholic family business

Another strategy to grow our Catholic family business is to share our trade secrets. Whenever we find someone we know, and someone who knows our family well, and we also feel he or she is trustworthy and responsible in the manner of conducting business, then we can share the trade secrets of our Catholic family business. At the first stages of growth, we should practice generosity and charity in our sharing, since we would like others to benefit also in the way our Catholic family business conducts its services and business processes. This act of generosity and charity will reap a return of profit beyond our expectation, because those whom we have shared our trade secrets will also feel the call to be generous and charitable in return. The good that we do, always returns to us. And it is precisely in our generosity and charity as a family business unit that identifies us as specifically a Catholic family business.

Other related articles:

This Catholic family business series of articles are published to help start or develop your own small business enterprise. If you want help, assistance, or need additional information with regard to this, or any matter specifically that you may want for your business, you can write your concern below:

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