Congratulations! You have weathered some fierce storms but you are having continued success. This is the stage that every entrepreneur hopes to reach. All your hard work is paying off. There is sufficient revenue coming in, so there are positive signs for the survival of your business. You have a decision to make: remain content in the successful business you have created, or go bigger. Maybe it's time to step even more boldly in the future, ask "what if" and go for it. Covenant Bank stands ready to recommend helpful resources to guide you through these important decisions.
If you answered "yes" to "go bigger," it's time to do some serious thinking. Where do you want the company or organization to go? When you've nailed that down, you must scrutinize your infrastructure, throw out what no longer serves you, and optimize what does.
At this stage it is easy to become complacent. Solidify your team and commit yourself to inspire your key personnel to hold firm to the vision for your company or organization and streamline processes to gain efficiencies. If you've done well, you will identify: