Take our assessment to ensure your next best steps
STAGE: GROW YOUR BUSINESS
What do you need to know to further invest your resources? Business growth means different things to each person. Growth may include: adding a new product or service, expanding into another country, opening a new store, etc.
Continue to reflect on your role within the business; growth requires change.
YOU'VE ALREADY COMPLETED THESE STEPS
Not all organizations make it this far -- you should be proud of yourself!
20% of businesses fail within their first year, and 50% by year five... but not yours!
NEXT STEPS TO CONSIDER
- Are you financially prepared?
If your next experiment does not go as planned, how will you react? - How and to what degree will you expand?
How do you make the most of your money? - Do you have the right team in place?
Does anyone need to be promoted or hired? - Do you need to raise funding?
Will you give away a portion of your business in exchange for a certain level of investment?
RESOURCES
- Finance calculator
- Quickbooks
- SBA loans
- Raising funds - SAFE
- Bank loans