10. Control Growth From The Beginning

 To control growth means controlling risks. To do this, a business owner should first define their growth objectives.

• Prepare a growth strategy to understand the risks to your company.
• Analyze your internal resources, the market, your competitors and distribution channels.
• Then, analyze your receivables. This means doing credit checks on your clients and setting clear payment terms.
• Finally, control debt by negotiating better payment schedules with suppliers or looking at leasing versus buying assets.

In short, a growth strategy is a great way to control risks.