High Growth Business
High Growth Business owners face additional challenges, financing Sustaining growth & profitability agreeing the Business Strategy, Marketing, New Product Development including Intellectual Copyright and Patent protection.
Quite apart from all of this there are other elements connected to developing the their organisation recruiting and developing management and staff, evolving systems, processes, procedures and policies.
All of this work takes time and attention away from the core activities, finding and satisfying customers and making money!
So how do you ensure that you and any members of your team cover all of this whilst minimising impact on the rapid business growth you require. Having an expert to guide you through the minefields is essential and in the current climate is viewed as an essential requirement by banks and funders. Making mistakes or taking the wrong decisions at this stage of development can be expensive if not terminal.
It does not matter if you are a High Growth Start Up or an existing Fast Growth Business it is vital that as an owner you quickly make the change from working in the business to working on the business.
The difference is easy to identify. Can you say yes to the following statements:
- There never seem to be enough hours in the day.
- You are working longer and longer hours and are taking shorter or no holidays.
- You are constantly running low on money to fund the flood of orders.
- You seem to spend a lot your time fire-fighting.
- Finding the right staff who will work effectively is a problem.
- You are uncertain about protecting your ideas or product.
- You are unsure what marketing methods are best for your business.
- You have heard about the benefits of social media but are not sure if it’s right for you or how you would find time to use it.
- You believe that there is a market for your product overseas but don’t know how to best capitalise on these opportunities.
- Keeping all of these plates spinning is a headache.
If this any of this sounds familiar, you want to manage the growth without the growing pains and make your business more profitable then click examine the High Growth Business Programme to find out how I can help you.