Consider These 10 Strategies When Preparing to Grow Your Company RSS

Consider These 10 Strategies When Preparing to Grow Your Company -

Startups go through three distinct phases early in their lifecycle: building the product, selling the product and growing into a sustainable company. Preparing a company for growth requires taking concrete actions in evolving product and service offerings, modifying the pre- and post-sales organization, addressing human resource challenges, streamlining operations and more. Here are 10 suggestions for companies preparing to cross the growth chasm: 1. Reconsider product offerings Now that the product is no longer in beta, questions to ask include: How profitable is each product line? Can products that don’t "move the needle" be eliminated to double down on the successful...

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