Surviving the pitfalls of growth
Want to take your business to the next level? But not sure of the best way to proceed? Is organic growth preferable to acquisitive growth? And what challenges will crop up along the way?
A company’s initial success will often provide a new set of challenges. Rapid growth either by acquisition or organically will promote the need for new staff, new systems and infrastructure and will introduce cash flow problems. The founder's attention is typically spread more thinly by the day, and the need for professional management or non-executive assistance needs to be addressed.
Our panel will help you avoid common mistakes made during expansion. Whether you are beginning a growth plan or are mid-way through expansion, our panel will answer your questions and provide you with invaluable information to take away and use on your business.
Subjects being covered include:
- Financing growth
- Supply chain management
- Cash flow management
- Recruitment for growth
- Getting employees and middle management buy-in
- Managing acquisitive growth and the issues it raises
- Hiring professional management & the role of non-execs
- Asset investment
- Choosing the right technology and systems to scale your business
