Inside the Minds Stuff - Inside the Minds. Managing for Profit. Leading CEOs on Key Strategies for Increasing Profits Exponentially in Any Economy
Its often possible to jumpstart a companys growth over a short period of time, but this growth inevitably comes at a cost. When faced with such a situation, I would ask a few important questions first:
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How long is the growth to be sustained?
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Are you willing to suffer long term revenue growth?
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What is the availability of investments?
If all these were positive, then I would look into the situation and come up with an answerif profits can in fact be significantly increased over a short period of time, and at what cost. Even a one time profit growth of 10% in 3 months is doable, but usually comes with a cost.
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