Growing Your Business Without Growing Out of Business: Making Major Steps While Maintaining Margins
02 Feb 2023
CC1.2
Why is it that when you suddenly double your sales, your profit is cut in half? The industry today is tiered with companies of specific sizes, but there are wide gaps between growth stages. This session will discuss why, as a home technology professional, you can’t grow slowly and steadily, but have to make incremental jumps. Discover the cause of the growth plateau and why it occurs in this industry.
Session Objectives:
• Explore the theory behind and the cause of the growth plateau
• Investigate the 5 stages of small business growth • Learn how to break through the growth barrier so that when you do double sales, your profit doubles with it
Speakers
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