In so many ways, business ownership is an exercise in taking and managing risk. When hard work pays off and “successful” seems like a word that could enter an owner or founder’s vocabulary, it may be time to consider growth. Scaling your business is sometimes part and parcel of success. As the old saying goes, “If you’re not growing, you’re dying.”
According to Andrew Deen at Bplans:
5 Ways to tell If you are ready to grow your business.
- Turning Down Potential Business Opportunities
- Surpassing Previous Goals
- Strong Cash Flow and Repeatable Sales
- Proven Concept and Reliable Infrastructure
- An Atmosphere of Minimal (Manageable) Risk
Link to full article: https://www.bplans.com/business-management/ways-to-grow/signs-to-scale/