Managing Explosive Growth
The first five years of small business ownership can breed a unique set of challenges—especially for businesses that experience rapid growth. But growing pains in any small business can be lessened through proper planning and by considering the following tips: • Continue to focus on delivering quality products and customer service • Stay ahead of the hiring curve by being able to train new employees quickly • Know which funding options will be the best long-term fit for the organization • Find office and storage space large enough to accommodate rapid expansion • Obtain sufficient servers, IT support, Web site bandwidth, etc. • Ensure that corporate branding and messaging stay current
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