Expanding a business can be exciting, but doing so successfully requires careful planning and execution. Without the right strategy, the results of expansion efforts can be disappointing at best and detrimental to your business at worst.
1. Promote Bottom-Up Communication
You’ve done your research and have a plan to put your strategy into action, so what is missing? Communication! It’s crucial to know exactly where things might be getting stuck or where improvements need to be made as quickly as possible. When you allow time to be a factor, the problem multiplies and becomes more complex. If you encourage bottom-up communication, you’ll be on your way to success. – Ken Kladouris, Platinum Wealth Group
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