1: Increasing Market Awareness

• What is the market potential for growth?


• What is your promotional strategy to reach your target market?


• Have you defined a marketing budget?


• Do you have a marketing plan?

2: Your Operational Plan

• Do you have the capacity to meet current and future sales levels?


• Do you need new equipment, more personnel and/or additional working capital to increase capacity?


• Do you need to increase efficiencies and effectiveness through better production processes, less waste and increased quality?


• Do you need more space and bigger facilities to meet capacity needs?

3: Optimizing Human Resources

• Do you have the right people on board?


• Do you have a plan for attracting future key team personnel?


• Do you have defined duties, responsibilities, skill and experience needed for each position?

4: Your Financial and Funding Plan

• How much capital (cash) will you need for business expansion?


• How will you raise this capital (cash)?


• Do you have a business plan for investors/lenders to review?


• What are your anticipated sales, profits and cash flow based your expansion plan?

5: Reviewing Your Plan for Substantial Growth

• Have you reviewed your business plan for substantial growth?