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Still cashing in

Nowadays you will hear a lot of people comment “Cash is King” – well they’re right. Without sufficient cash to operate your business even the most profitable businesses fail. It’s important to remember that profits do not equate to cash in the bank…. Now for the good news. By implementing […]

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STAGE 2: Emerging

The business is driven by the imperative of making sales. Without sales, there is no survival. The market is approached in a random way initially. Low-hanging fruit is the objective. Successful business sales patterns eventually replace ad hoc experimentation and not knowing where the next piece of business will come […]

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STAGE 3: Rapid Growth

Sales and customers reach a critical mass. Employee numbers are now becoming significant. Whereas sales was crucial previously, the imperative now shifts towards developing the company’s brand position in the market and an operational, decentralised infrastructure with the capability to sustain growth as the “hot product” fades and members of […]

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STAGE 4: Next Level

At this point, one of three things happens: (1) the business plateaus, reaching its internal limitation to growth, (2) or the business declines and fails (3) or the company experiences a breakthrough by redefining its business strategies, structures and processes. It marks a crossroads, sometimes seeing the founder/entrepreneur moving on. […]

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