One of the greatest enemies of business expansion is simply the business balance. It is no good, for example having the orders come flooding in if the company cannot handle the work-flow. Equally the business resources are finite and you cannot have resources waiting for an expected work-flow which doesn't materialise.
Retail is an easy one to judge as we all use shops. Have you ever noticed a shop closing down and thought you knew why? Was it location? Or was the location right but just not for that sort of shop? If the business owner compromises on location because of cost perhaps the results can be disastrous. To read this article in full on LinkedIn, just click here
No comments:
Post a Comment