Every new and budding business wants to grow and become a household name in their different industries. Unfortunately, not a lot of new companies make it beyond 5 years as a result of various factors some within their control and some otherwise. Growing a business long-term takes a lot of effort beyond the basics like capital and value offering, it often involves using the right strategy to ensure sustainability and reducing business risks going forward. What are you doing to grow your business long-term? What steps are you taking to set up sustainable processes that ensure a viable working system?
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