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What is Business Growth?

បានប្រកាសនៅ Business នៅDecember 03 2020 at 02:08 PM
When an expansion milestone is reached in a business, we call this Business Growth. At this milestone it will be a great time to look into business profit. That is what is called business life cycle. Look at elated growth trends and the like. This can also be part of the bigger picture for shareholder equity value creation.
 
At times business growth can be tough and survival does depend on growth. When this is working well it makes it easier tot take the next step and gain some assets. It is also easy to invest in new talent and even get funding for the business. Business performance will soar and so you will see an increase in profit. As a business owner you will hold your head up high and your shareholders will all be happy too.
 
What are some points that hold back business growth?
  1. Putting your business into a category.
  2. Stipulating a business size that you think you belong in.
  3. Revenue brackets and categories.
  4. number of people you employ.
I have seen this happen so many times and these points will "strangely" restrict business growth.
 
Who should be looking at business growth?
If you own a business you should always be looking at business growth. The functions of business growth are where you are in the business life-cycle, industry trends, technology and the desire for equity value. If you are a startup you will probably be looking at market position and covering costs, this is fast growth. Established companies look at expansion and ways to generate profit.
 
Business Growth Four Step Process
 
Business Growth simple four step process
 
What does a Business Growth Change Manager do?
A change manger must be able to motivate a leader or business owner. Help with innovation and ways to think differently. Then use that to help with excellence in business operations. A change manger implements change in the business and from leadership position. The goal is enhanced business success.

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