What problems might emerge as your business grows and you need to adapt and make any necessary changes?
If your business grows too rapidly, your back office systems and number of employees may not be able to handle the growth in a positive way. For example, your customer service could suffer because customers have longer wait times for a phone rep due to higher than expected call volume.
Hope this helps.
If you ask for detail in an answer, it would be helpful to give detail in your question. What does your business do? What is your current size? Do you have a strong cash flow to fund growth and CapEx?
References :
If your business grows too rapidly, your back office systems and number of employees may not be able to handle the growth in a positive way. For example, your customer service could suffer because customers have longer wait times for a phone rep due to higher than expected call volume.
Hope this helps.
References :
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August 8th, 2011 at 11:07 amSorry for the delay Shalonda. I’ve not been able to give this Blog my proper attention for a while and my “Caretaker” was instructed not to reply for me.
John