ABSTRACT

Before you even start your growth plan you really should take stock of what financial shape your business is in now. You may well remember those classic lines in the TV series Star Trek when Captain Kirk would ask his engineer for more power to help them get out of trouble. ‘Give me warp factor 10’ he would ask, to which he would often get the reply ‘It canna take it captain!’ Your business might be a bit like the damagestricken starship Enterprise – a sudden violent burst of growth might well kill it off or at least create severe cash flow difficulties. So perhaps some analysis of the current state of health should be a precursor of any growth plan to find out if your business is ready for growth.