Can Growing Quickly Be a Bad Thing for a Business?

Summary


Many businesses have failed because they couldn't grow fast enough. But can a business fail because it grows too quickly?

Richard Sacks answers that question emphatically in the affirmative. In fact, he says growing too quickly is the worst thing that can happen to a business because it takes what was otherwise good and destroys it.

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Extract


Can Growing Quickly Be a Bad Thing for a Business?

Sacks is president of The Sacks Group and a board member of the Economic Development Center of St. Charles County. In an interview with the Business Record, he said excessive growth that comes too quickly can be an immense problem an...

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