John Kenney, CEO, Cotney Consulting Group
While no plan is perfect, growth strategy plans are critical. Failing to plan properly for growth can result in a real struggle, so know why you want to grow your business, the drawbacks and the gains. If you lack a good growth plan, your chances of exceeding your budget and schedule increase greatly. Do you hope to gain new markets or territories, add more employees so your company can take on more work? To do so, you have to scale your operations strategically. First, be sure you have enough resources to handle the additional work, including workers and equipment. Formulate a good growth strategy using your experiences and information you collect about the roofing industry. This is a tried-and-true way to ensure your business will thrive amid the competition. Read more.