Do you feel like your business model isn’t working as well as it used to? You aren’t alone. Most businesses must pivot at least once in their preliminary stages. It’s common for businesses to shift approaches years after the business has been established. Sometimes the plans you made in the beginning are not the best ways to serve your client base now. Pivoting your business can be overwhelming. Here are some tips on how to do it efficiently.
Often, struggling to meet goals is a catalyst for change. When you decide to pivot, take time to reevaluate your goals. As you think about where your business is going, make sure your goals align with the new vision and will help you measure success.