YOUR SUCCESS MATTERS
Some of the risks associated with scaling a business include: 1. Overexpansion: Growing too quickly or expanding into new markets without adequate preparation can lead to overexpansion, which may strain resources and lead to inefficiencies[1]. 2. Operational Debt:...
When scaling a business, it's important to avoid common mistakes to ensure successful growth. Some of these mistakes include: 1. Scaling Too Early or Too Late: Scaling too early, before establishing a solid base, or scaling too late and missing opportunities can be...
The top 8 challenges service-based entrepreneurs faced during periods of rapid growth are: 1. Maintaining Consistent Quality: Service businesses must ensure a consistently high level of quality to retain clients, which can be challenging as the business scales up.[1]...
by BRIAN W. CARTER. The recent report shows Black and African American business owners’ economic outlooks are optimistic for the year ahead. In May 2024, the Sentinel shared information from the Bank of America Business Owner Report, conducted in partnership with Bank...
READ MORE
by LUZ CORONA. At age 50, Beatriz Acevedo was supposed to be scaling back the “hustle of the startup life.” Her career had already seen multiple milestones. At age 8, she...
by ESMERALDA ZAMORA, ANTHONY TORRES. AUSTIN (KXAN) — Gabriela Bucio, Austinite and Latina business owner, has been sharing her Mexican heritage throughout the city since she...
by SYDNEY CATINNA. In this week’s Louisville Limelight entry, we’re shining a light on an inspiring collaboration between four talented Filipino women—each an...
by ANDREA PEREZ. American-Argentinian actress Stephanie Beatriz shared she knows firsthand the power of resilience. As the daughter of immigrants, she grew up witnessing the...
by LAURA NWOGU. The first Black-woman-owned culinary academy in the Southeast has opened in DeKalb County. Located at 1927 Lakeside Parkway in Tucker, the Culinary and...
