- 5 years < 10 years trading
- Individual or small entrepreneurial management team
- Busy work environment.
- Growth opportunities continually presenting via new markets and new products and service development.
- Management ‘speak’ regularly about need to organise systems and develop a business plan
The Issues?
Fast growth companies often suffer from a lack of scalability - the ability to effectively cope as demand and growth occur without exploding costs with it. Some of the warning signs can be:-
- Weakening profits with increased sales.
- Human resource issues begin to demand more time as 'bushfires' constantly need to be put out.
- Debt grows as management seeks to fund expansion yet the reporting and data gathering systems are not useful to management as they try to make informed strategic decisions.
- Management find themselves continuing to rely on their entrepreneurial gut instincts to drive the business.
- Management frustrated at getting bogged down in administration and production when they know they should be spending more time working 'on' the business.
Our face to face and online coaching programs have been specifically designed to assist you and your team deal with these issues quickly and safely.
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