Responding to rapid growth
Rapid growth is part of many successful business cycles. It can happen as a result of a well-executed growth strategy or in response to an unexpected opportunity.
Rapid growth often follows a period of early success, when an organisation has seen only modest profits but is operating healthily.
If your business is experiencing a period of rapid growth, you may find that staff, production levels or clients greatly increase over a short period of time.
This guide provides information to help your business respond effectively to rapid growth. It contains strategies for dealing with growth, and provides practical advice for dealing with common issues such as cash flow shortages, staffing changes and outgrown premises.
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