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Growth Stages

You are here: Home / Growth Strategy / Growth Stages

growth stages

What growth stage is my business in?

Read more in-depth about the different stages below.

Stages of Business Growth

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Business Formation

Early-stage businesses are in rapid ideation and often pivoting between business models, service delivery concepts, and learning what the customer base is looking for. Businesses at this stage need a clear mission, vision for growth, and a roadmap for getting to the next stage. If you’re at the formation stage, you’re aware that there is still much you don’t know. You’re looking for a marketing team that can stick with you for the long haul.

This is Me
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Market Validation

Companies that have been successfully servicing customers for at least a few years are in the validation stage of their business. If this is you, then you’ve realized there is value in the service you provide, but still struggle to attract more of the “right” customer so you can increase margins and build cash flow to scale operations. Often, companies in this stage try marketing, but have poor results and don’t know why.

I'm in this Stage
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Scaling a Business

When you are scaling, you’ve reached a business stage where you can support the growth of your company and are actively funding systems, staff, and processes to fuel growth. But, what about technology? Digital lead generation and marketing automation are essential at the scaling stage for your business to reduce customer acquisition costs and maintain growth.

I'm Trying to Scale my Business Now
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Business Expansion

When you are scaling, you’ve reached a business stage where you can support the growth of your company and are actively funding systems, staff, and Companies in the expansion stage are looking to innovate and become market leaders. To avoid becoming stagnant, you are searching for new ways to think about your customers’ needs and find better ways to deliver value to stay ahead of the competition. At this point, you have resources to dedicate to building strategic growth plans but aren’t sure where to start.

I'm Ready for Expansion
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Exiting a Business

Owners approaching an exit are looking for ways to maximize brand equity through marketing and communication. Fine-tuning your lead generation, cultivating a positive industry reputation, and understanding what sets you apart from your competition helps your business capture the most value at this stage.

I'm Planning My Exit

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Careers at Hot Dog Marketing
Hot Dog Marketing
Hot Dog Marketing
4.9
Based on 43 reviews
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Cedar Park Fun
Cedar Park Fun
22:31 04 Feb 20
We have worked with Hot Dog Marketing on a couple different projects and are still amazed at how easy they are to work with. They expedite the... process without cheapening the product. They are affordable, efficient, and have provided us with the guidance and insight we needed for our marketing. We are very happy to be working with them!!read more
Elizabeth Youmans
Elizabeth Youmans
18:00 12 Jan 20
Hot Dog Marketing recently completed the launch of my new business's website and I couldn't be happier with how it turned out! They truly listened to... my vision and made it a reality. The design team was so impressive that I chose to also have them design and print my business cards and other print marketing material. My local pet care company, Delighted Paws Pet Care, now has a cohesive and professional (but still fun!) look and brand. Hot Dog was also able and willing to work within my limited budget. They were transparent from the beginning of what they could and could not accomplish within my financial means and executed very much to my satisfaction! Thank you Jessica, Melissa, Brandon, and the entire team at Hot Dog!read more
Ana Alv
Ana Alv
13:36 17 Dec 19
Sadly the person that contacted me asked me first what my budget was and if it was between 3,000 to 5,000. When I said no she said I want not their... ideal client.read more
Pat Hubbard
Pat Hubbard
18:35 17 Nov 19
Awesome casual place...the chili is the bomb
Matt Baker
Matt Baker
14:31 30 Oct 19
The entire team at Hot Dog Marketing is very professional and exceptional at customer service. Its refreshing to work with a company that works hard... and clearly wants to do their best each and every time. We highly recommend Hot Dog Marketing if you want to see your company reach its next level of potential! Matt Baker, Realtor/Owner of Baker Realtyread more
Williams Innovation
Williams Innovation
23:25 29 Oct 19
Jessica and her team are AMAZING to work with. I don't know they take the jumbled up notes and conversations and build an entire design and messaging... strategy out of it. They were spot on every time they presented an idea. We will continue to work with them and urge anyone else looking for design, messaging, or marketing to USE THEM!!read more
Lauren Candela
Lauren Candela
17:20 14 May 19
Our website re-brand with HDM went smoothly and successfully. They were accommodating with each of our requests, and kept us informed with regard to... completion timelines and project goals. We look forward to working with the HDM team again.read more
Pamala Marley
Pamala Marley
15:01 18 Apr 19
An amazing team of creative professionals to collaborate with! They took the time to really understand and become part of the essence of my vision. I... love my amazing website!read more
Kevin Aderholt
Kevin Aderholt
21:20 06 Feb 19
Hot Dog has served the Austin area small business community well! They provide amazing services to both start-ups and established companies, and I... would recommend them to anyone.read more
Shannon Black
Shannon Black
16:15 25 Jan 19
I am so VERY happy with the content that the team at Hot Dog Marketing creates every week for my preschool business. From what they write and... articles they choose for my ads/posts as well as the pictures of our students they choose to highlight, they are outstanding on every metric that matters. It's night and day compared to the last company I hired. They are charging me less for doing MUCH better work! Our Google ranking, which was near the bottom of the first page, is now landing on the top half. We are showing up on maps when we weren't before. I've been in business for 12 years and other businesses much younger and smaller than ours were getting better results, but no longer! At our second meeting, they even gave me suggestions for the website, which I have since implemented, like starting a blog, to help drive more traffic to it. If I have a question or don't like something (no matter how small), they are incredibly responsive. And as we grow with more locations, they will grow with me, which I can't wait to experience. I am absolutely THRILLED they are handling my account and am incredibly grateful I found them.read more
Colvin Electric
Colvin Electric
14:18 30 Nov 18
We are extremely happy with Hot Dog and what they have been able to do for us! We went from not having any online presence at all to being found on... Google, Facebook and everywhere else we need to be and have seen an increase in call volume within the first few months. We highly recommend Hot Dog for all your digital marketing needs!!!read more
Catherine Allen
Catherine Allen
22:56 06 Dec 17
Working with Hot Dog Marketing has been the most stress-free amazing experience ever! Jessica and her staff members, Alexa and Brandon, are very... gracious, easy to work with, and extremely responsive. They all listened to me and what I, as a small one-man business, needed from the very beginning. I love my new slink, professional looking, website.read more
Jennifer Gardner McMorris
Jennifer Gardner McMorris
21:30 09 Aug 17
Hot Dog Marketing was professional and fun to work with from beginning to the end. They really listened to what my vision was and did a great job of... bringing it to life. I would highly recommend them for website, branding or marketing needs. If you want to work with a small business that loves what they do and does an amazing job, then Hot Dog Marketing is for you!read more
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