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The stages of growth

About this topic

Every new business wants to grow. While a new venture is always exciting, eventually you want to stabilise your shiny, new idea into a profitable (and sustainable) business model. However, lots of new businesses go about growth in entirely the wrong way – either too much too fast, or too little too late. So, how can you know the right growth strategies for your business? While every company is different, this unit outlines some of the key indicators that your business needs to shift its growth strategy depending on its stage of development.

ANZ Business Growth Online Program introduction to module 2, presented by Dr Jana Matthews, Australian Centre for Business Growth at UniSA.

What you'll learn

  1. The four key phases of business growth
  2. How to transition from a start-up model to a growing business
  3. When to start expanding your product/service offerings
  4. Identifying when to be the key decision maker and when to delegate
  5. How your role as a leader changes as your business grows

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The information provided does not take into account the individual needs and situation of your business. The ANZ Group, and their respective directors, officers, contractors and employees disclaim any responsibility, and shall not be liable, for any loss, damage, claim, liability, proceedings, cost or expense arising directly or indirectly (and whether in tort (including negligence), contract, equity or otherwise) out of or in connection with the contents of or any omissions from the ANZ online business growth guide.

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