Knowing how to grow our business effectively is probably the most difficult thing for newbie start ups. Having a good idea for a business is one thing. Maybe you have a talent for making things and it has grown out of that into selling to friends and then expansion has come. You need to continue this and add to your portfolio without over stretching. Getting business advice on how to make business plans and get any additional finance is critical otherwise it is easy to get bogged down with these worries later, when in fact your energies should be spent on producing and marketing. Sitting down and makig a plan on where you want to be in five years has been a business model over the years. Quite a few interviews have also included the same question to gauge the interest and future potential of the candidate. Knowing the answers up front helps focus the mind.
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