Power Through Your Growth Plateau
By Brad Schow, COO, HTG Peer Groups
Is your business stuck? Have you reached a revenue plateau? The first step to moving forward is understanding where you are on the entrepreneurial journey.
At HTG, we have the honor of working with over five hundred companies. One common scenario is for the owner to question why he/she has been stuck at a certain revenue number and can’t seem to break through. Depending on the revenue mix, we see plateaus at various levels. One million. Two to three million. Five million. Ten million. Twenty million.
Various strategies are put in place and focus is applied to the area that seems to be a bottleneck. Progress is made and revenue begins to rise; unfortunately, the progress is only marginal and often revenue slides back down to “normal” levels.
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