Guide

Growing your business
Last updated: 5 November 2019

Avoiding problems

To avoid the common problems of growing a business, you need to think about:

  • how much financial risk you're prepared to take on
  • avoiding cash flow problems
  • whether you will benefit from economies of scale
  • additional training for staff or recruiting more staff
  • the potential for more profit
  • whether personal service is important to your business
  • having the right technology