Sustaining business growth

[Frank]

Starting a small business is not easy, when the business is established it is better to manage the resources you have in order not to have cash flow problems, hire the right staff and make your presence known make sure you don't leave your business in your staff's hand.

What kills most businesses is hiring a staff at an early stage when you should not have done so. This is where owners of small businesses make the mistake that they can do it and nothing will happen. When your business hasn't started making enough income, then there is no need hiring a staff to run it.

 

[Atif3786]

Sustaining your business growth will not only require the financial back up for fuel, but also the intangibles — the right people, the right marketing strategy, and the right services and products to join the boat and keep it afloat. With all these in check, you can prevent your business from falling off the track.

 

[Abisola]

Join the powerful GreenBiz 21 community — more than 1,200 sustainable business leaders. Get inspired and prepared for a successful 2021 through 80+ sessions led by 100+ speakers. Types: Sustainability Leadership, Social Justice.

 

[Ridorz]

Every body wish to be a business owner and some become business owner, it's very easy to start a business when they have a business idea and enough capital but to sustain and manage the business to keep existing and grow up is the main difficult tasks for many business owner.

 

[Victor001]

Sustainability in business is the main reason business folds or progress,most people lack the technical know how to run a business.analysis and balancing of business module is very important in business.

 

[Kingsley]

To sustain a business takes alot of effort and dedication, it is not easy on the reality. But it is highly rewarding, to sustain a business we must be very hardworking and serious. We must be patient aswel.

 

[Bholozy]

Starting business is not a day work and it takes a lot of commitment and discipline. Many investors eat up their capital at the moment the business is expected to grow and that curtails business from growing and later leads to liquidation of that business. The key to business growth is discipline and a good plan

 

[Erik4150]

When things start getting difficult like a case of economic crisis in the country. I think a business owner should try and cut the costs of running the business. You could lay off incompetent employees to save cost. You could implement safety net for your business by saving money to combat any unexpected downturn that might occur in the future.

 

[Georgeadawara1]

In time of surstening the business growth all that is needed is to give more effort and Inprovement make your products to be standard and attractive let's all of your products be specially parkege and make it to be affordable and presentable.

 

[Praizee]

To sustain business growth. One needs to be determine competent and to take risk. To sustain business growth one can also get loan to innovate an improve the business. To also sustain your business growth, you can sustain it by trusting your business partners.

 

[Veetos12]

The sustainability of any business depends on the mentality of the owner. That is, the stronger the mental strength of the owner is, the longer the life span of the venture. Most people are too weak in their mind, hence, once they encounter challenges in their business they call it a day. This can be over come by ensuring that adequate concentration in uplifting the mentality of the business owner is looked into.

You have a valid point. Thank you so much for that. Business sustainability depends on the ability of the business owner to make sound and accurate decisions and also the leadership skills he possesses. The fear of growing should not affect the business.

 

[tyrim88]

For a business to be sustained over a period of time,there need to be a a good marketing strategy by the firm owner.Because this is one of the hall mark of sustainability.
The another should be a good financial management skill,as this will enable you know the cash inflow and outflow.

 

[Shigobad20201]

Statistics reveal that most companies die within five years of establishment and this makes this thread a very important one as we try to examine how one can sustain business in times of drought

To sustain a business and to make a business has a longevity, they must have enough fund to keep the business running and also have customer's that will keep patronising them, money and customers are the key to sustaining a company.

 

[Emma Aneni]

It’s the consensus that in establishing a startup, business plans are a critical component as business plans are essential in the process of obtaining startup capital, which no organization can run without.

 

[Psalmsavatar]

After the initial business opening, growth can be one of the most exciting times for any entrepreneur. However, periods of growth may not always be sustainable, as each business has its ups and downs. Fortunately, there are steps you can take to make your business grow in a more sustainable manner. Strategic growth can help your business become more profitable over time and weather any lulls

 

[Highflyer]

Sustaining business growth is necessary and inevitable for any business venture, you need to move up the ladder if you really want to succeed in business. You can sustain your business growth by improving on your staff strength, making new policies and ensuring you have a good branding.

 

[Kehinde]

maximum rate of growth that a company or social enterprise can sustain without having to finance growth with additional equity or debt. The SGR involves maximizing sales and revenue growth without increasing financial leverage.

 

[Afrinish]

Far too many companies fail to achieve their growth targets in revenue and profitability. However, the probability of achieving profitable growth is heightened whenever an organization has a clear growth strategy and strong execution infrastructure. One without the other impairs the probability of success. This author describes why and prescribes strategies.Most businesses fall short of achieving their growth objectives for revenue and profitability. In fact, studies report success rates as low

 

[Yousaf3814]

After the initial business opening, growth can be one of the most exciting times for any entrepreneur. However, periods of growth may not always be sustainable, as each business has its ups and downs. Fortunately, there are steps you can take to make your business grow in a more sustainable manner. Strategic growth can help your business become more profitable over time and weather any lulls. Follow these tips for growing your business more sustainably.

 

[Milz]

Business surviving the first five years boils down to policies by the government and the business owners. Using my country as a case study, most businesses shutdown within the first three years because of unfavorable government policies and mismanagement of funds.