Q&A: Common Mistakes Growing Small Business Owners Make

1 · Karl L. Hughes · Aug. 11, 2021, 11:08 p.m.
Question What is a common mistake that small-business owners make when their businesses begin growing? Answer Here are four common mistakes I’ve seen founders make as their business starts to grow: 1. They hire too slowly Small business owners who are used to stable, small teams don’t realize that during periods of explosive growth, they have to hire ahead of demand. So, they get behind and hire too late. New hires always require more time at first, so the owner is now training a new employee wh...