Ingenuity drives small business growth

Grow your business

Not every small business wants to grow fast. But the ones that do usually have an ingenious spark that propels growth. They discover a new market. Target a customer niche. Or find a new solution to a business obstacle.

Creative advantage can spark growth, but turning a great idea into a growing business often means taking risks. Here are some tips to help you find your competitive edge, balance risk, and manage your resources for success.

Find your business’s edge.

Ingenuity often drives competitive advantages that lead to higher growth, profits, and returns on investments. While inspiration is key for every business, it’s especially important for small businesses that can’t match larger competitors’ breadth of resources.

As a small business owner, you can find and build on a creative edge by:

Manage risks and resources.

Fast-growth companies often take bold risks to exploit their advantages. Here’s how you can manage those risks while you seize opportunities:

We can help.

Find a branch near you and talk with a Truist banker about your plans. We can help you find ways to protect your business against risks as you aim for growth.