Take-Off Stage Growth
What is the Take-Off Growth Stage?
Only one in a hundred small businesses reach ten million in revenue. If you are approaching ten million, then you have the potential to take off.
You already realize that planning makes a difference. What are those things that could be holding you back?
Where are you doing well? Consider my 4 Stage Growth Model for Small Businesses.
You may find some things operating in the Growth Stage, some in the Take-Off Stage, and perhaps some in the Expansion Stage.
The model gives you a picture of where you need to go. Let me help you take off.
Here are some other aspects of becoming a Take-Off Stage company
The organization has become a going concern and largely self-sustaining if the owner disengages. Thus, the business becomes sellable for values expressed as multiples depending on the revenue growth rate and profitability. Owners consider acquiring competition to expand the current market or move into new markets.
Does this sound like YOUR Company?
Learn More about the Take-Off Stage of Growth
Small Businesses: Understanding your pathway forward When I taught corporate strategy at the University of Houston, publishers would send me Strategic Management books by their authors hoping they would be used in my classroom. For the most part, these were