Growth

Characteristics: By now you have run the business for a few years and have established a position in the market . You are busy creating sales and building your customer base. You may be working long hours with little work-life balance. Growing is painful but worthwhile as you continue to see the opportunities ahead.

 

As sales take off, it is important to keep an eye on the bottom line to ensure that costs do not escalate too. You need to be more effective in managing your time. Training and delegating or even outsourcing some of the workload become crucial, but without the sales you have no extra funds to pay for this help.

The Challenges Ahead	How We Can Help
Generate more sales	Simplify your sales process by improving your business terms and conditions.   Generate on-line sales, by ensuring that your website and internet marketing tools are legally compliant.
Generate a positive cash flow	Ensuring that your terms and conditions contain clear payment terms and that you have effective credit control and debt recovery procedures.
Creating long-term value in the business	Generating shareholder value in the business, by identifying and protecting your intellectual property assets, such as brands, designs and technology innovations.
Formalising your management structure	Protect the future of the business and your personal investment by providing appropriate shareholder or partnership agreements.
Developing standard practices and procedures	Providing you with standard legal documentation.
Limited capacity in your current premises	Securing new commercial premises if you need to expand, advising on property leases or purchase.
A growing workforce	Providing you with your employment contracts and employee handbook.