Managing growth

Growing your business can be an exciting and challenging step for you as a business owner or operator.

The following links provide a brief overview of the issues related to growing your business.

Preparing for growth
Difficulties can occur if growth happens too quickly without a business being properly prepared.

Pathways to growth
A business can follow one of four main pathways to pursue growth.

Managing risks & opportunity
The level of risk faced and the chance of a risk being realised depends on the circumstances of each business.

Developing business capability
Business capability is the readiness and ability of a business to achieve its objectives.

Implications for the business owner
As the business grows, the role of the business owner will change and adjustments to the functions, structure and roles of the company’s personnel will need to be made. 

Growth challenges
As a business grows, it will encounter a range of challenges that can slow down or even prevent business expansion.

For a more in depth look at growing your business, go to the Small Business Tool Kit.

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Case Study

"Part of receiving ISO accrediation involves the development of a series of procedures and processes."

John Marks
East Coast Propellers