Growth: The GP Business Lifecycle Series

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Common Challenges Faced During the Growth Phase

 

  1. Research & Development Funds will be needed to make changes to your products and services that better reflect the tastes, needs, and suggestions of your customers.
  2. Increased Competition due to industry-wide acceptance and recognized viability of the product or service.
  3. Attracting and Retaining Top Talent will be required to lead your business forward, drive innovation, and maintain customer experience.
  4. Evolution & Professionalization of Sales & Marketing Engine enables your business development teams to efficiently acquire and retain clients.
  5. Technology Solutions provide real time insights into systems, operations, and employee output. 
  6. Reliable Financial Reporting and Forecasting must be proactive and accurate, rather that backwards looking.

This blog post aligns with the themes of our Growth Evaluation; an intuitive tool which allows you to quickly uncover the areas of strength and weakness in your sales & marketing organizations. Click Here to learn more or take the Growth Evaluation. 

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