SME Challenges -> Managing Growth
Managing Growth
While growth is a natural ambition, it needs to be managed with caution. Uncontrolled growth can overwhelm an organization, leading to failure. Important questions include:
- Have I set clear short-term, mid-term, and long-term growth objectives?
- Have I diagnosed my company's growth potential, taking into account sales, overheads, cash flow, and working capital?
- Do I have a documented growth strategy?
- Do I subscribe to the idea of controlled growth?
- Have I considered the sustainability of my growth objectives?
- Have I planned resources to support growth?
Strategic growth requires a balance between expansion and control. We help businesses pace their growth, ensuring sustainable success.
