As a leader, it is essential to consider all three options—building, renting, and buying capacity—continuously. Rarely will a single path suffice at all times. When faced with the operational challenges of adding labor and skill sets to the business model, it’s crucial to match the capacity-building strategy with the business reality.
Business ownership has never been for the faint of heart. Ongoing change and adaptability are part of the success equation. Even when things go well, there are problems you will have to navigate. As you grow, you and your company should be ready for these issues:
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