Sunday
Jun262011
Top 9 Challenges for Growing Businesses
Sunday, June 26, 2011 at 12:19PM
Candox Ltd.
Growing Okanagan Businesses Need Records ManagementAn article in TechJournal South suggested that growing businesses faced nine challenges. They are:
- Getting overwhelmed by growth. Growth is change. Growth requires more processes, controls, and people. Too much growth too quickly can create financial, quality, and reputational risks that if not properly managed can lead to the demise of the business. Keeping tabs on all of these factors can easily overwhelm business owners.
- Knowing when to say “no.” Most successful start-ups have a plethora of opportunities. The challenge is choosing the right ones. Good opportunities are those that will enhance your company’s strengths and result in a compelling customer value proposition.
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best practices,
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