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Business growth is healthy, but rapid growth in a small business can be too risky. How to handle rapid growth in a small business?

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Question added by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed
Date Posted: 2014/10/29
ALAMGEER HUSSAIN HASHMI
by ALAMGEER HUSSAIN HASHMI , REGIONAL SALES & OPERATIONS MANAGER , Uth Healthcare Pvt., Ltd

If there is a rapid growth in a small business that has come genuinely as a result of your sincerity in business that is a quality product and excellent service and a large base of satisfied customers you should invest more in sustaining the business by improving the product and services.

Mohamed Yaser Jabar Ali
by Mohamed Yaser Jabar Ali , Sales and Service Coordinator , Danube

If a small industry gets a rapid growth in a short period it is only because of reduced competition.In that case the company should maintain their stock level in a proper manner and give customers satisfaction to retain it's growth. If so happens it is a rapid growth of a business.

Mohd Asif Ansari
by Mohd Asif Ansari , HR Administrator , Al Nasseej Al Arabi Factory Co. Ltd.

Agree with above professionals

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Growth in business generally is a good thing. It usually means more availability to resources, more capital with which to work, and greater visibility. It can be tricky as well, though. Preserving cash, keeping people motivated, and continually finding more office space are just a few of the issues that you will encounter.

 

  1. Empower Your Employees

  2. Plan For It

  3. Grow As Large As Is Necessary

  4. Embrace It

 

Mamdouh Manie
by Mamdouh Manie , Executive HRC local sales manager , Ezzsteel

make the main organisation  structure and policies can cope with growth 

make sure your action are fast

saddaf qureshi
by saddaf qureshi , Sales executive , Air Indus

Growth in business is a good sign , so when their is rapid growth in small business should invest more investment in the business 

LABIB KOOLI
by LABIB KOOLI , Director of the Sectoral Center for Training in Hotel Technologies at Southern Hammamet , Tunisian Vocational Training Agency (ATFP)

Scan the company's organizational system and resources, be sure that the hole company's resources are not over exploded, if it isn't the case do not hesitate to take the necessary  corrective measures. 

That is the best way  to , at least, maintain the rapid growth for the short coming days. 

A rational method for this would probably the BPR (Business Process Re-engineering) implementation.

 

 

 

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Frame the policies for tackling competition and strengthening of Working capital flows with comfortable profits. 

padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

Every business man wants his business to have a rapid growth. if some one is lucky to have a rapid growth, then he has to now with confidence try to arrange more capital to handle the demand by increasing the inventory, supply infrastructure and sometimes even man power to cater the flourishing market.

Santosh Kumar Jangid Santosh
by Santosh Kumar Jangid Santosh , Area Sales Manager , SP Techno Solution Pvt Ltd

Agreed With

Mr. ALAMGEER HUSSAIN HASHMI REGIONAL SALES & OPERATIONS MANAGER at Uth Healthcare Pvt., Ltd 

 

 

Ahmed Fathy
by Ahmed Fathy , General Manager + EBRD International Adviser , RUBEX for Metal Industries

I agree with Mr. Vinod jetley

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