Keys to Growing a Winning Business
Owners and managers of existing businesses face unique challenges as they take their ventures to the next level through growth, expansion or diversification. Discussions throughout this workshop will focus on identifying the common challenges to business growth, developing plans for growth that include methods and strategies, capitalization, careful consideration of cash flows and other financial statements, contingency plans and harvest/exit strategies. Real world case studies in addition to participants’ own businesses will be used to better prepare attendees to manage change and growth. Participants will be introduced to the Business Assessment Matrix (BAM), an invaluable tool for finding areas requiring remediation and for evaluating risks. Workshops focus as much or more on analyzing results and recommending best practices for those areas needing attention. This comprehensive assessment tool looks at a wide variety of business characteristics requiring attention for a business to reach long term sustainability.