Barriers to growth

Posted by Kirsten Gibbs on November 15, 2018
  • A 2013 research paper from the now defunct Department for Business Innovation and Skills identified reasons why small businesses – those employing between 0 and 9 staff – didn’t want to grow much bigger, if at all.

    Here are two that struck me:

    1. “I’d lose too much control of the business.”

    2. “I’d have to spend too much time managing other people.”

    These can be solved quite simply, but not easily:

    1. Create a framework for “what we promise to our clients” and “the way we do things round here” that enables you to:

    2. Let people manage themselves.

    That way you get the best of both worlds.

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