Every business owner has long-term plans for their business, and in nearly every case, those long-term plans include growing and scaling the business. Unfortunately, for many business owners, those plans never come to fruition.
The question is, why? What separates the business owners who are able to scale their businesses over time from the ones whose businesses fail to grow past a certain point and eventually die out? According to David Finkel, author of The Freedom Formula: How to Succeed in Business Without Sacrificing Your Family, Health, or Life, the difference boils down to three pivotal factors. This article from Inc. explains why you should focus on these key things if you want to scale your business for the long term.
This article was written by Inc, an entity unrelated to HoyleCohen, LLC. The information herein is intended for educational purposes and has been selected by HoyleCohen due to the timeliness of the subject matter.
