Grow Your Company: MK Precision’s Strategies for Success
The success of any small business is dependent upon demonstration of consistent growth. At MK Precision, we understand what it takes to build a thriving company. In fact, we’re proud to announce that MK Precision has just been named to the prestigious Philadelphia 100 Fastest Growing Companies list for 2014, which honors privately-held companies in the greater Philadelphia region who have demonstrated consistent growth over a period of three years, and who hold top percentage increases in sales. So what’s our secret to success? The following are strategies that have worked well for us, and may help your business grow too.
Produce a Top Quality Product or Service
Aim to deliver a product or service that offers your customers top-of-the line quality. This requires continual assessment of the performance of your product or service and strategizing ways it can be improved. High-quality production also involves staying current with industry trends, conducting research into new technologies or practices, and encouraging feedback from your loyal customers.
Utilize Cutting-Edge Technology
Ensure your business relies on the latest technologies to deliver your product or service. At MK Precision, we manufacture with cutting-edge five-axis mills, wire EDMs, laser engraving, and a variety of other new technologies. This gives us the ability to operate more efficiently and to produce products of exceptional quality with advanced features, as well as function as a vertically-integrated supplier.
Strive to Be an Industry Leader
MK Precision began as a single-machine manufacturer in a historic house in Newtown, PA, but in just eight years we’ve expanded to a full-service venue and have risen as a leader in the medical device manufacturing industry. We set our sights on leadership early on and made intentional choices in expansion and development to reach that goal. Our advice: no matter the industry, let your company find its voice and strive to be a respected leader in the field. Aim to one day acquire international clients or to build a visible brand that is recognized and trusted throughout the industry.
Value Customer Service
Our customers are the most important part of the operations at MK Precision. We see ourselves as an extension of our customers and depend on their satisfaction and loyalty, which is why we make it a priority to meet their specific needs. We offer product customization, provide easy options for immediate assistance on our website homepage, and maintain an exceptional customer service staff. We also operate under unparalleled return times and provide products that always meet IS0 9001:2008 and ISO 13485:2003 standards. In addition, we always value customer feedback and take steps to improve their experience with us.
As a small business public visibility is key to growing your customer-base, as is building positive relationships through involvement in your community. This is in part why MK Precision attends regional trade show events, is the 2014 sponsor of the Villanova Wildcats football team, and has released a free e-book on the contract manufacturing and supply chain management. We also reach out to the public by actively maintaining our presence on social media.
These are just a few of the many ways MK Precision has been able to grow since its founding, and we look forward to continuing to explore new ways to develop in the years to come.
Interested in learning more about MK Precision? Visit us online or contact us at 215-675-4590 to learn more about our exceptional CNC manufacturing services and how we can meet your custom needs.