8 steps to building and growing your business

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Growing a business is like a flood that brings rain, winds and beats upon your business like a drum. It is never a nice slow ascendance, it rushes like a wave. It can be a great moment in your business, but if you have not built your business on the proper foundation that growth will tear your business apart.

Little problems will become big problems and you will become overwhelmed by them. Your finances will be a mess; the crisis will become lawsuits; before you know it, you are in over your head. It is a horrible thing to explain to someone that your business failed because it could not handle the growth it was experiencing.

There are countless stories about business failures, I do not want your business to be one of them. If you want to grow or are  growing your business, then there are fundamental issues you need to deal with before it is too late.

Before you expand you have to have a stable foundation to build upon. That means you have to work out the problems in your business and fine tune it so that the increase will not add problems.

Undoubtedly, there will be new problems to occur, you do not want to deal with the old ones too. You must define want you want to achieve to know if you are getting the results that you need.

Read the complete article in ScaleUp Magazine Issue 3

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Shahara Wright
Shahara Wright is a CEO, business law attorney, professor, community leader, speaker and author. She has been the owner and Lead Attorney of The Wright Firm, PLLC for 15 years. Shahara provides small and mid-sized companies with legal and business strategies including entity formation, mergers and acquisitions, investor packages and contracts. She has experience with product development, bringing products from mere concept to a fully developed and manufactured brand. Shahara founded The CEO Effect, LLC to work with small business owners who want to position themselves to accelerate growth. She earned a Bachelor of Arts from Hampton University and Doctorate of Jurisprudence from Texas Tech School of Law. She was licensed to practice law in the State of Texas in 1998.

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