If you are looking to develop your business the first steps you can take are steps to streamline your production, reduce wastage and cut down on employee redundancy. Once these steps have been completed you will have to think outside the box to figure out how to take it further. You wont be able to limit yourself to your locality and after a certain point, and you must reach for more global scale aspiration. Here are some steps you can take to do so.
You need money to develop your company. The company might have been doing well in market but its profits might not be sufficient to fund a large scale expansion. Therefore you will have to find investors who are willing to put down a large sum of money. Foreign investors in countries like Dubai have a lot of wealth they are willing to invest if you are able to make them feel confident in the performance of the company. If your company is based in such a country you will also be able to find many investors willing to come in and invest in the new markets that are growing there. You can arrange for these visits and have potential investors come and see the operations for themselves. You can get their travel documentation such as getting EB 5 investor visa from Dubai and make sure it is in order so that the meetings go on without a hassle.
Hiring the best talent
Countries like Canada have a fewer population per an area of land and for this reason their industries sometimes struggle in matching talent with available jobs. Therefore if your country is facing a similar situation they probably have ways in which you can get people to migrate there and work in that industry. Services such as Canadian immigration consultants sometimes help people in other countries looking to migrate to find jobs. You can work with them and make it known that you have opportunities available at your company so that they can match those positions with the talent in other countries.
Investing in research and development
Another way to grow your company is to perfect your product by investing in research and development. It can be expensive and yield little results at first but once a break through is made you will then own that technology and be able to utilize it to place your product ahead of its counterparts and beat the competition. You will see that this is a worthwhile investment on the long run.