Can you sustain your current rate of growth with your existing infrastructure, human capital, and such? Do you have access to additional capital to support the investments required to grow? What impact might growth have on your current corporate culture?
According to Entrepreneur magazine, most businesses have contingency plans for emergencies, but fewer have planned for exponential growth—perhaps inspired by an unexpected celebrity endorsement, or a social media post that goes viral. Would your business be ready, if interest in your product suddenly soared?
Would you like to know more about preparing your company for growth? On November 18, 2015, join the West Michigan Woman community for a night of wine paired with stimulating conversations about launching your company to the next level. Click here for more information.