A few days ago I was meeting with some clients and our conversation turned towards growth and how to manage it. I’ve seen so many companies grow and maintain or even increase their profits proportionate with their revenue. This is ideal! However, too many business owners only concentrate on top line growth and don’t pay attention to the “quality” of their growth or bottom line.
It’s also extremely important to make sure that your company can support that growth. This means having all the needed infrastructure in place, including the right people.
I’ve included two articles this month to address these two topics. I hope you enjoy them.
As always, if I can be of any assistance, give me a call.
4 Essential Steps to Managing Growth
Success, if not handled properly, can lead to the demise of a business. Sustain long-term growth by following these steps.
A funny little thing happens on the road to success. Often the prosperity of the business can outpace the ability of the business to maintain that success. At this point most of you are probably wondering what am I talking about. Rapid success can lead to failure? Get real. But it can. And I have seen it repeatedly in all scales of businesses over the past few years.