Search

Why most small businesses stay small - and how to buck the trend

Spending the last decade building a franchise company, I had the pleasure of working with other franchisees at every stage of the business, from start up through the sale of their franchises. I found that most faced little trouble in launching their enterprises, scaling their enterprises, and turning a reasonable profit within a few years. Interestingly, however, these savvy entrepreneurs often stagnated, reaching an acceptable revenue range but never achieving the next level