Developing a growth plan takes a lot of preparation. Firstly, you need to know what you want to achieve, develop a strategy and know how you will measure your progress. You then need to be able to communicate the plan succinctly and ensure that your employees are informed and engaged in making growth happen.
In this section we will look at the steps to move your growth plan forward.
Growing businesses face a range of challenges. As a business grows, different problems and opportunities demand different solutions. A business needs to ready itself for these challenges and identify how to overcome some of the barriers to prevent growth from happening.
Solutions for growth need to be looked at and the business might need to prepare and organise itself in the right way to manage its finances and protect its resources.
In this section we will look at whether your business is ready to prepare its growth plan.
Business performance evaluations are important at any stage of a business’s operations; they’re a way to assess the company’s current state and see whether it’s prepared for growth.
In this section, we will be identifying what aspects of the business needs to be assessed in order to know whether you are ready for growth.