Is rapid growth bad for your business?

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Building Your Business Is rapid growth bad for your business?

Transcript of Is rapid growth bad for your business?

Building Your Business

Is rapid growth bad for your business?

Rapid growth can occur in any business and involves a significant increase in sales.

While it sounds extremely positive, it can sometimes be the pitfall for businesses.

Why?

It can be UNSUSTAINABLE

How?

Rapid growth is often UNEXPECTED growth.

How?

This can result in:- A strain on resources (products, employees etc.)

- Mismanagement of cashflow- Disruption in timelines- A decrease in the

quality of service provided

Your business would be better off if growth

is managed SUSTAINABLY.

What is sustainable growth?

Growing at a steady pace where you’re able to effectively manage

the business.

What is sustainable growth?

It allows you to ensure you’re prepared for the upcoming

workflow.

Hotondo Homes works with their franchisees to

ensure they’re growing at a sustainable rate.

This in turn allows builders to successfully manage their cashflow, apply for home

warranty insurance increases and grow.

If you would like to learn more, please visit franchise.hotondo.com.au

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