Grow your business successfully
Introduction
Challenges are an inevitable part of growing a business. To grow your business successfully, you will need to use more resources, processes, controls and staff. This can create problems that, if not managed properly, can put your business at risk.
The key to overcoming these risks is to understand them and plan ahead accordingly. By recognising common pitfalls and how to avoid them, you are less likely to be overwhelmed and more likely to transform them into opportunities for your business.
This guide examines the challenges of growing your business and how to manage them. It looks at the role of business growth strategy and planning and the implications of growth on finance, people skills, IT systems and business premises. Finally, it describes common reasons why you may decide to slow or stop the growth of your businesses.
Support to grow and scale
You can get free advice and guidance from your local council to help you grow your business and scale up operations. To request support, complete a short enquiry form or call the Go Succeed Helpline on Tel 0800 027 0639.