Thursday, February 21, 2013

Is Growth Always a Good Thing?

Every business owner wants their small business to grow into a brand name everyone around the world would want to buy from. They want to increase profits and then expand their company so they can continue to have their earnings grow. But rapid growth is not always the best way for a business to become successful. One problem with growth is when the demand for goods is greater than the actual output of goods. The company would want to expand their workspace to comply with the demands, thus costing them money for more supplies and materials. They might make a little extra profit but their liabilities of producing more and more of their product would take out from what consumers are paying.

Read more about whether growth for a business is always a good thing.