Working in a growing business is great fun. There will likely be a sense of forward motion, the prospect of achieving or exceeding commercial goals and a feeling of general positivity. Quite rightly so, but in transitioning a small business into a larger one, there are a number of risks and opportunities that can greatly affect the ultimate outcome.
Richard Mumford, Head of Aviation at Stevens & Bolton LLP, advises firms on how to manage high rates of growth to ensure the rate of climb doesn't adversely impact the business. He explores this further in the aviation context, in a recent article featured in the November/December issue Airline Economics magazine.
To read the article in full, please click here.