Growth in a small business isn’t just about chasing bigger numbers or expanding into new markets. It’s a balancing act between building out and holding down what makes the operation stable in the first place. Too much, too fast, and it crumbles; too slow, and it risks irrelevance. Managing growth is less a rigid blueprint and more a constantly adjusted map, tailored to match the terrain as it shifts underfoot. Refuse to Scale Without Systems No business can grow on enthusiasm alone. What begins as a
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. Read more for details on how this may impact your business in the future. 1. Determine if