Thursday, June 1

Business

How To Come Up With A Growth Strategy For Your Business
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How To Come Up With A Growth Strategy For Your Business

It's never simple to grow a small firm into a large one. The numbers are bleak. If you believe the statistics, a tiny business will make over $250 million a year, according to research. Only 0.036 percent of the market will do well enough to generate $1 billion in revenue per year. In other words, the vast majority of enterprises begin small and remain there. There are examples of organizations that have transitioned from small businesses to a huge corporation. That's the basis of Keith McFarland's book. The Breakthrough Company, which he wrote as an entrepreneur and former CEO of an Inc. 500 company. A lot of books have been written on how to operate a large corporation, says McFarland. It heads his consulting firm, McFarland Partners. In terms of long-term growth, though, I cou...