You hear, or read so much about small business being the backbone of the economy,

Small Business growth can mean problems

about economic recovery by small business growth. What you don’t hear about are small business growth problems and why some small business choose not to grow. An article I read recently dealt with a few of the reasons. While written for the American market I’m sure those of us in business worldwide can totally relate.

Small Business Growth Problems

Here are just 2 examples of issues that a business owner faces when the business grows.

1 – Bureaucracy. With growth comes more government regulation and bureaucracy, more forms to fill out and paper work in general, greater responsibilities and with this more costs. Unless you have a background business administration the likelihood or having to [Read more…]