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Quick Hiring, Cash Leverage, and Other Strategies When Your Business Growth is Skyrocketing

  • Rapid business expansion provides both opportunities and challenges
  • CEO shares tips on how companies can successfully manage fast growth
  • Efficient onboarding, effective customer service, and fundraising opportunities

Summary by Dirk Langeveld

Business owners who experience rapid growth may be ecstatic that their company is seeing such high demand, but also nervous about their ability to keep up with it. Gilles Bertaux, CEO and co-founder of end-to-end video communication company Livestorm, recently shared tips for companies experiencing such exponential growth in a Forbes Technology Council post.

  • Bertaux says onboarding new hires quickly and efficiently is crucial. He recommends a standardized, automated system to assist the process, while also providing some customization through strategies such as pairing new hires with existing employees
  • A surge in business also means a surge in customer service requests, and companies should be able to keep up with them through both staff and automated services
  • Rapid growth puts a company in a strong position to raise funds, even if you didn’t originally have plans to pursue financing until a later date

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