The Challenge of Business Expansion & Development
Correctly planned & resourced or a leap of faith...?
As your business develops and grows, you will inevitably confront the divergent demands of controlling day-to-day operations whilst also striving to expand and develop the business.
This can result in over-stretching existing resources to achieve the expansion objectives, and frequently requires team members to multi-task and develop new skills and expertise within a short period of time.
Unfortunately appropriate skills and expertise cannot be developed overnight, and many businesses cannot afford to recruit experienced, skilled executives during the pre-expansion phase. This can result in a loss of momentum and, in some cases, even failure before the expansion actually takes off.