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Four Strategies for Sustained Business Growth

 
  John W. Braine, Partner, CFO Edge, LLC  
   
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  Article Summary  
Whether growing through acquisition in what may be a rapid or exponential manner - or through an organic approach that is steady and correctly funded - Southern California executives can experience financial rewards, new opportunities, and new challenges.

The challenges of growth include the need for cash to support increased working capital, inventory and receivables, as well as a number of logistical challenges related to hiring and facilities.

Effective growth is grounded in two critical success factors: a sound growth strategy and the right funding type.

Also reviewed in this article are four strategies for organic business growth.

Executives looking at the best way to grow their companies can benefit from talking with a provider of outsourced CFO services.

Doing so leverages the experience and expertise of CFO professional who has developed and implemented successful growth strategies, both as a seated enterprise CFO and as an advisor to companies wanting to grow organically or through acquisition.

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