You have embarked on the ambitious project of setting up your own business, but there you are, you had not expected to obtain such good results so quickly! Are you experiencing a period of strong growth, or are you about to experience one, but you do not yet feel strong enough to face this wave of orders that is coming? Follow the leader.
The health period that we have been going through for more than two years has allowed us to observe companies that have found themselves in strong development overnight, such as health-related companies Doctolib or protective equipment companies, delivery, takeaway companies, DIY products like Mano Mano…
Growth, Kesako?
“Growth” is, as you know, an increase in the production of a company, whether for a commercial, industrial or service company. Because a sharp decline in growth is difficult for a business leader to predict and face, but so is a sharp rise, here are some useful tips for dealing with the increase in your company's activity and in growing out.
Identify the factors of this success
In order to know how to deal with this sudden increase in activity, it is necessary to know the reasons. They can be diverse and varied: a large customer who has placed a very large order, a media event that has unleashed customer interest in your products, the service you offer for sale testifies to unique know-how and the competition is not able to offer the same thing, etc. Take the time to understand and analyze these reasons, to know the very source of the growth phase you are experiencing. It will then be much easier for you to deal with it.
Equip yourself with the necessary weapons
- Increase your workforce without wasting a moment
Whether you are at the head of an industrial, commercial, or service company, to face a sudden increase in production, there are no 36 solutions: increase your workforce! Because you will not be able to face this alone, even with the best will in the world, do not hesitate to surround yourself with motivated people who will be keen to help you, even if it means having recourse to Fixed-Term Contracts, just in time let this increase in activity pass. It is then up to you to judge whether the people have shown themselves to be sufficiently motivated and hardworking to employ them in the long term.
Subcontracting, an alternative to consider
Subcontracting is an alternative solution, although less used in cases of strong growth. By doing so, you will lose some control over your business because outsourcing, even if less expensive than hiring additional employees, causes the company manager to lose control over all production. So if you are still concerned about controlling all the stages of the production and marketing cycle, avoid this solution.
Be as close as possible to the production stages
In any case, during a pronounced growth phase, it is important that you take care of your business. All stages of production and marketing must be carefully monitored, nothing should be left to chance. A single stock that is too low and the rest of the building can falter. So, major advice to face a growth phase well: keep an eye on everything, the results will only be better and you will, without a doubt, manage to take advantage of this period to explode your activity.
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