June 10, 2005

Early business growth requires detailed plan of attack

Q: I’m in my first year of running my business services company. The problem is that sales are slower than expected. I need to make sure I’m doing everything I can to grow my business to survive. I’m advertising in the paper, and I’m going to be hiring some new sales persons soon. But what else should I be focusing on to grow my business?

A: Growing a company can be fun, but also hard work. Keep in mind that you don’t want to grow too fast. Your overhead can outstrip your cash…

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