Is my company ready for growth?
The ideal state for an entrepreneurial endeavor is profitable, ongoing growth. Such a firm has scalable processes and knows how to attract and retain new customers. The value of this company will increase year after year while ongoing operations provide a healthy cash flow to the investor.
Few companies achieve this level for very long if ever. However, a formula for the ideal state exists for every firm and reaching that state is a reasonable and worthy goal for anyone that wants to start the journey. However attractive this ideal is, you probably have some doubts about your firm’s ability to succeed with a growth initiative. This short assessment will provide some indication of your current state and what a reasonable next step would be in your journey to the Ideal State.
Answer each question by choosing the most honest answer that reflects how your company behaves: