If you’ve left the corporate world to strike out on your own inyour own home-based business, you’ll be acutely aware thatyour financial success is up to you and you alone, perhapsfor the first time in your life. For obvious reasons, therefore,your home-based business is probably run on a shoestring.This means, of course, that you do everything. https://diversiongeek.com
Although youare now CEO, you are also secretary, marketing director,receptionist and gopher. But hey, that’s the way you like it,right? Just as well too since when you’re just starting out youdon’t have much of a choice anyway.But sooner or later, if you keep doing everything yourself you’llnecessarily curtail the growth of your business. It will grow toa certain point but no further because you’re only one personand there are, after all, only 24 hours in a day.Now, if you’re satisfied with making a little money on the side,that’s fine. But if your business is your only source of income,you must move beyond start-up if you are to become financiallysuccessful and avoid stunting the growth of your business.This article looks at the growth stages of a typical one-personhome-based business and how to gradually grow your businesswithout being run over in the process.INITIAL GROWTH=> One-(Wo)Man BandAs already stated, when you first start out, you do everythingyourself. You’re both chief cook and bottle-washer. And youcan continue like this for quite some time because, initially,you are unlikely to be fully stretched. This is exactly whatyou should be doing.