Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Is it Time for a Pivot at Your Small Business?

by Staff GBAF Publications Ltd
0 comment



By Peter Wasmer, Founder & CEO of ProValet

Small businesses need to be adaptable to change to survive. Whether you own a pool service software company, a home watch services company, lawn care services software company, or a similar type of business, if you aren’t growing or generating the revenue you need, it may be time for a pivot.

What is a pivot? A pivot is a dramatic change in strategy or product offering. It’s often associated with startups, who often must make radical changes to their business model to find success.

While there are often tell-tale signs that it may be time to pivot, one important one, according to Forbes, is when work is no longer a fun challenge. Once you feel stagnant, Forbes says, “Create a new product, come up with a new idea or do something different. When your mind is bogged down, your business will suffer immensely.”

Another key point regarding the need to pivot, Forbes reports, is, “Business is foundationally about the numbers. Any failure to grow the return over a prior year forces a leader to re-evaluate the model. Is it stale? Has technology taken over part of the function? You must pivot when growth is no longer realized, and you must be realistic and brutal in performing a self-evaluation.”

But pivots aren’t just for startups. Any small business can benefit from making a pivot if it’s done correctly. Here are some signs that it might be time for your small business to make a change:


– Your sales have plateaued or are declining.

– You’re having trouble attracting new customers.

– Your costs are increasing, and margins are shrinking.

– You’re feeling stuck and uninspired.

If any of this sound familiar, it may be time to consider a pivot for your small business. Of course, making a change can be scary – but it can also be the key to unlocking new growth and success. 

Think carefully about what changes you need to make, and then take the leap! A pivot could be just what your small business needs to get back on track. Pivoting can be a great way to breathe new life into your small business. If you’re feeling stuck, make a change and see where it takes you!

Here are some tips on how to successfully pivot your small business:

– Define your goals. What are you hoping to achieve with this pivot?

– Do your research. What changes do you need to make to reach your goals?

– Be flexible. Be prepared to adjust your plan as you go.

– Have a backup plan. What will you do if the pivot doesn’t work out?

– Be patient. It may take some time for the pivot to pay off.


Making a successful pivot can be the key to unlocking new growth and success for your small business. So, if you’re feeling stuck, don’t be afraid to make a change!