Stage 5 Business Growth: Expert Tips &
Free Resources
Congratulations! Your business is in Stage 5, the Integration Stage. As the leader of a Stage 5 business, you’ve got a lot of demands on your time and attention. Where do you focus? How do you prioritize?
What research has shown us is that each Stage has its own rules and guidelines. The more you understand the rules, the better you can navigate growth. In other words, you don’t have to reinvent the wheel and figure everything out on your own. Instead, you can benefit from what hundreds of other business owners have learned.
“We’ve always had growth on our minds, and there are always challenges that come up. Working with the ReWild Group has helped us navigate those challenges, and instead of being so reactive, helped us be a lot more proactive, which has made everything a lot smoother.”
Download the Stage Card
The two-sided Stage Card is an easy way to keep the rules that are most beneficial for your Stage 5 business close at hand. Print a copy and keep it on your desk. Share it with your team. The better you understand the rules, the more focus and clarity you will provide as a leader. Get your free copy now!
A Quick Overview of Stage 5
One of the biggest threats you are trying to avoid as the leader of a Stage 5 business is allowing the company to develop a silo mentality. It can happen easily, because the previous stage was all about building distinct departments with strong processes and structure. But a silo mentality will prevent the company from growing any further, as departments will be competing against one another for resources. An important tactic to fight this tendency is to grow a leadership team that is made up of key contributors from the management team. Bring them together and implement a shared project management process. This will ensure the organization is capable of initiating and managing change.
Your focus should be on profit at this stage. With so many employees, expenses related to personnel can escalate quickly, a fact that puts many companies at financial risk. To maintain profitability, keep company production capacity between 70-80%. Work with your leadership team to revamp the company’s business model and create an annual budget that integrates all areas of the company.
Set aside capital to invest in growing and training your staff. As a leader, focus on guiding through collaboration, inspiring the team with a grand vision, and building loyalty through comradery.
Explore the Rules In-Depth
The 60-minute Guide to Growth for businesses with between 58-95 employees is a must-have for every owner and leader of a Stage 5 business. The Guidebook explains the primary dimensions of a Stage 5 business, including Leadership Style, Modality, Classic Challenges, and Transition Zones. Each chapter includes illustrations that bring the concepts to life along with practical applications questions you can apply to your business. Get your copy today!
“Well organized and easy to follow, the book reviews the company functions need for a strong business model. During this stage, the business finalizes its foundations to scale into the next stages of growth.”
Take the Next Step
Now that you know where you are on the roadmap, it’s time to chart your course! Make an appointment today to get started. This free consultation will give you further insight into where you are and how to get to where you want to go.