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Struggles encountered during business expansion.
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[QUOTE="King bell, post: 296178, member: 75687"] Expanding a business can be an exciting but challenging process for any company. As your business grows, it can create many stresses and problems that are difficult to manage. Some of the most common problems encountered during business expansion are: 1. Fundraising: One of the biggest hurdles a business faces when scaling is raising enough capital. In order to expand and grow your business, it is important to secure the necessary funds. This can often be a difficult and time-consuming process that requires a lot of research and planning. Second setting: Expanding your business means hiring more people for different positions. This can be a difficult process, especially in a tight job market. Finding the right people with the right skills and experience can be a challenge and the process can be time consuming. 3. Manage growth: As your business grows, you have more resources and processes to manage. This can be difficult as managing business growth requires a lot of complexity and planning. [/QUOTE]
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Struggles encountered during business expansion.
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