View From an idea to maturity – the 5 stages of business growth

From an idea to maturity – the 5 stages of business growth

Whether you’re attempting to increase market share, improve profitability or build your team, every company is trying to grow. Unfortunately, business owners will inevitably encounter challenges and experiences that will trigger pain points and create potential barriers during the business’ growth process. In this article, EFM Growth walks you through the five stages of business…

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View How to work with a Business Advisor for your Start-up

How to work with a Business Advisor for your Start-up

Business advisors can be a valuable asset for an entrepreneur, particularly for a first time start-up a company. A business advisor is different from a co-founder or investor. They aren’t looking for a piece of your business and are usually interested in a mentoring-style position where they can provide you with advice and perhaps take…

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View Understanding the Difference Between Growth and Scaling Up

Understanding the Difference Between Growth and Scaling Up

Many business owners would consider their business a success if they managed to achieve a consistent level of growth. But for entrepreneurs with their sights set on taking their business to the next level, it almost certainly requires they be able to achieve scale. Knowing the difference between growth and scaling up is the key…

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View Preparing for sale – avoid the temptation of going to market too soon

Preparing for sale – avoid the temptation of going to market too soon

After starting up and running a business, the idea of selling will be an inevitable thought in the back of your mind. Taking your business to sale can often be one of the most valuable and gratifying experiences you’ll ever do as a business owner. It can also be an emotional and stressful time for…

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View Running a Family Business? Plan your Succession Now

Running a Family Business? Plan your Succession Now

Too many family business owners don’t think of succession planning. For reflective business owners, this backward/ forward dynamic usually leads to a much-needed review of operations. Business owners everywhere could stand to take some time to ask the fundamental question: What can we be doing better? However, not all business owners think that far ahead…

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View Avoid the glass ceiling – Scale up your business

Avoid the glass ceiling – Scale up your business

Starting up and running a business can often be a daunting prospect for some entrepreneurs starting out their journey as a business founder. But after settling into their new role and the initial hurdles have turned into the everyday norm, the entrepreneur will begin to think about the next big step in scaling up their…

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View Avoid the common pitfalls when starting up a business

Avoid the common pitfalls when starting up a business

When starting up a business it’s wise to think, strategically and in a risk prevention manner, about all the bumps in the road that could potentially damage your business before it’s even begun. Any one of them could sabotage your new business venture and turn it into a failure rather than a success. The start-up…

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