Growth is a desirable goal for many businesses. Deciding whether to grow is an important decision because business growth has both advantages and disadvantages.
To make this decision, you need to know how your business is currently performing. This will help you to identify areas with growth potential.
Once you identify where your business can grow, you need to decide how you will achieve this. This often depends on what business goals you are trying to achieve.
This guide explains the advantages and disadvantages of growing your business. It describes the common types of business growth: rapid and organic and what you need to do to make it happen.