For entrepreneurs and start-ups, a rapidly growing business signals success, and it can certainly be indicative of a good business model. However, when over expansion in business happens, it can actually be harmful in the long-term.
If a small or medium-sized company doesn’t have the resources to facilitate growth at such a fast pace, it could compromise business processes and the quality of your output. If you’re unable to deliver, this reputational damage could stay with you forever, and your business may be tarnished because of it.
Post je objavljen 19.09.2019. u 15:13 sati.