Planning for Greater Growth Rates

If you plan to sell your small business someday, you need to make growth and success a habit, starting now. Over half of the companies I look at each year are barely treading water, with growth rates that have stagnated at 20% or less. Most of these companies are falling behind because they’ve failed to anticipate the cost of customer retention and acquisition as well as the increasing costs of doing business and the rate of inflation.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.