One successful product or service can trigger a deluge of new income, but if you do not build the business evenly around that sudden growth in one area, the business can still sink. Matthew Swyers writes for Inc. with four tips to manage growth well.
Keeping a Steady Course
You need to start with a scalable management model. As you stop being able to do everything alone, there needs to be a structure for accountability in overseeing developments. Second, define a quality control system, which means having someone monitor on a daily basis if the right processes are being performed. Then you need to make sure those systems are executed all of the time, without exception. Finally, remember that numbers will always tell you the truth, so do not try to rationalize them when they forecast gloom. For more, you can read Swyers’ full article here: http://www.inc.com/matthew-swyers/4-essential-steps-to-managing-growth.html