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How To Develop And Implement A Successful Business Growth Plan

By Dave Jakielo

The other day a business owner asked me if he was successful. He stated that his business was growing at a rate of 25% per year for the past five years. Before I could answer his question I had to ask a question. My question was, "What would you like your annual growth rate to be?"

His response was "30% per year." Given that he has fallen 25% short of his five year plan you may jump to the conclusion that he wasn't very successful, but that isn't necessarily true.

Not hitting the target could be due to a variety of reasons:


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