Growth expectations are not being met in practice
Risks are part of being an entrepreneur and, therefore, of achieving business growth, you might think. After all, you know you have to feed before you can fish. Based on your growth expectations, you expand, with new colleagues, new workspace, more inventory, et cetera. But what if you can't meet your growth expectations? How flexible are you then and how long can you continue to finance this? Can you still make adjustments to avoid losses? And perhaps more importantly, when should you draw the conclusion that your plans were too ambitious? Timely recognition that reality develops differently than expected, and being able to adjust accordingly, is crucial. So make sure you build enough flexibility into your business to be able to change your course.