Ask for help Getting help from other business owners who have had success in growing a business can be the ultimate tool in writing your growth plan. A breakdown of your company's staffing needs and responsibilities.
If yours is an owner-managed business, you may wish to include an exit plan. Facilitate and speed expansion with a clear roadmap Writing a growth plan is very similar to writing a business plan. When and how to review your business plan Once you've drawn up your new business plan and put it into practice, it needs to be continually monitored to make sure the objectives are being achieved.
Economies of scale refer to a reduction in average cost over time because of factors such as buying power and managerial specialization. Or, enough that they chose you to ask for a proposal.
By Daniel Richards Updated April 12, Potential investors who read your business plan will want to know about your growth strategy—how you plan to grow your business once it's launched and off the ground.