1300 760 930 Customer Login
Login
Blog
Apr 2018

How to deal effectively with rapid growth in your business

April 30, 2018
Capify Australia

Business growth requires as much planning as the initiatives that power it. Plan to expand with smart people management and agile business funding. Keeping your finger on the pulse of your people will be key as growth spurs cultural and workflow shifts. Meanwhile funding solutions for things such as purchasing equipment or renovating support you in taking your business to the next level. Proactive management of rapid business growth lets you harvest all the beneficial fruits of a boom time. Here is how you do it.

Forecast your financial needs

Business growth can bring significantly more money in the door. It also brings greatly increased demand on your services. Keep your business perfectly poised to capitalise on growth by doing a full forecast of your current and future cash requirements. Likely you will need some extra financing to immediately grow working capital to satisfy market demand. Here is where a small business loan can put the assets you need in your hands without delay.

Keep control of costs

Clever cost control is a smart alternative to binge spending during business booms. Financing solutions like Capify small business loans ensure you keep hold of the reigns so your business growth sustainably enhances your cash position. Features like a fixed daily repayment schedule mean your loan support your budgeting and cash flow management.

Celebrate your employees

Business growth is a collective achievement. Be sure to recognise your team members who have helped propel your business to these new heights. Reward them in ways that you know are meaningful to them. Whether this be through a team dinner out or vouchers specific to their interests. You will need your people to rally around and help your business sustain and capitalise on growth. Celebrating their efforts ensures they remain engaged, committed and excited about what the future holds in your business.

Rapid growth trajectories herald exciting times for your small business. With careful people management and flexible business funding like a small business loan, you can expand sustainably according to a clear plan. Capify has a suite of flexible funding solutions purpose-created for small businesses. Speak to us today for a small business loan that helps you respond seamlessly to the intensely increased demands of a business boom.

 

Or call 1300 760 930 to speak with one of our friendly Lending Consultants now.

More like this

Apr 2019

Keeping your business profitable during the peak trading season

April 17, 2019
Capify Australia

Small business peak trading is a dynamic and lucrative time. Set your SME up for peak profitability over small business peak trading periods with these handy hints. As you limber up to capitalise on enhanced retail activity, be sure to consider:   Staff penalty rates Small business peak trading sends […]

More
Apr 2019

How to take a break this Easter without your business falling apart

April 17, 2019
Capify Australia

Get funds and get a stress- and guilt-free Easter holiday. Many are looking forward to clocking off fully for the long Easter weekend. SME owners, must often consider how to juggle a break with business commitments. Are you contemplating sweetening up your Easter even more with a mini holiday? Here […]

More
Apr 2019

Are Australians workaholics?

April 17, 2019
Capify Australia

Aussie employees can turn their annual leave into cash. All they need to do is say no to taking holidays and cash in their annual leave instead. Not only can this leave staff tired and stressed out, it can also leave SME owners poorer of pocket. Fortunately for any SME […]

More
Blog

Apply anytime, anywhere

  • No application fee
  • No obligation
  • See how much you qualify for

Still have questions?

See our FAQs

Chances are someone else has had the same question and the answer will be in our FAQs.

Call us

Call us between
8:00am – 6:00pm (AEST) Monday – Friday

1300 760 930

Copyright © 2019 AUSvance LLC trading as Capify. All Rights Reserved.