The Five Stages of Business Growth – Assessing why 90% of new businesses fail and how the 10% succeed?
Categorising the problems and growth patterns of small businesses in a systematic way that is useful to start ups seems at first glance a hopeless task. Small businesses vary widely in size and capacity for growth. They are characterised by independence of action, differing organisational structures, and varied management styles. Yet on closer scrutiny, it becomes apparent that they experience common problems arising at similar stages in their development. What you develop in your business is up to you, how you develop it is also all dependent on YOU.
4th Growth to Sustainability: Expansions and Rapid Growth
Can the owner delegate responsibility to others to improve the managerial effectiveness of a fast growing and increasingly complex enterprise? Further, will the action be true delegation with controls on performance and a willingness to see mistakes made, or will it be abdication, as is so often the case? Will there be enough to satisfy the great demands growth brings (often requiring a willingness on the owner’s part to tolerate a high debt-equity ratio) and a cash flow that is not eroded by inadequate expense controls or ill-advised investments brought about by owner impatience?
- Increasing Market Competition
- Accounting Management
- Moving into New Markets
- Adding New Products/Services
- Expanding Existing Business
Ayshe Ibrahim has over 13 years’ experience in treating as a physician caters every treatment to the patient’s individual needs. Osteopathy isn’t all about aching joints and muscles, it is a holistic approach to ensure healthy and balanced living, giving you the best out of your day. A healthy mind, body and soul. In her spare time, Ayshe has taught Osteopathic techniques at the Irish College of Osteopathic Medicine, writes health articles and gives talks to local community groups to help raise awareness of the benefits of Osteopathy and medicine free management of pain. She also has a keen interest in meditation and yoga. And is currently focusing her research and development in Women’s health and the effects of stress, anxiety and depression on the body and health. Most recently Ayshe has completed her NLP practitioner certification, allowing her a deeper insight into human mind. Training and treating the mind to better, communication, personal development, and psychotherapy.
Alex Alinia has worked in various roles ranging from Hospitality to IT & Finance to Business Consultancy over the past 10 years, specialising in Start UP and business transformation. Having talked the talk he is now embarking on the a new venture, providing the strategy and operations behind the conception of a new food brand and co-founding Anzali. A British, family owned and operated business, Anzali is the birth place of founders, with Persian recipes inspired through four generations of home cooking. From grans kitchen to the mass market, we aim to be the number one Persian Food Specialists in the UK market without comprising on the integrity and authenticity. Offering a unique & exciting range of delicious flavours and tastes, unlike any other cuisines.
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