Assess your options for growth


It is important to evaluate whether you want to consolidate your business’ position or find ways to grow.

If you decide that your priority is growth, you need to plan carefully in order to succeed. Growth has its risks, but the right strategy can deliver stability, security and long-term profits. Once you have assessed your current position and how well equipped you are to handle growth, you can start building your strategy for growth.

This guide shows you how to evaluate the right strategy for your business, when to launch it and the finance options available. It looks at the pros and cons of diversifying and what other considerations you must think of to ensure development is smooth, on time and on target.

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