To Grow Or Not To Grow: That Is The Small Business Question

Posted by Sian Phillips under Startups
From http://tweakyourbiz.com 3948 days ago
Made Hot by: ObjectOriented on July 1, 2013 9:02 am

By Mariah Courtney

One only has to look as far as the latest “in-vogue” neighborhoods around the country to realize that we are in the middle of a small business boom. With so many new vendors setting up shop every day, it’s easy to identify a community of young and eager entrepreneurs whose ambitions know no bounds.

And while several of these start-up companies find great success in an emerging market of new customers, many discover that their dreams of comfortable autonomy and local, sustainable production crash and burn when they begin to think big.

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Comments

Written by AngelBiz
3944 days ago

Great discussion. This is the dilemma that many small businesses, as well as large ones, face every day. The key is to manage the growth such that you can grow without impacting things that made you successful in the first place. History is littered with companies that grew too big, too fast and eventually failed because they failed to keep the formula for success.

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