A member of a prominent family who has bought and sold many companies over the years once told me that there are only two times that you should sell a business. The first is when you are not really trying, and someone comes to you with an offer to good to refuse. The second Continue reading
Tag Archives: Advice
Scaling an Early Stage Food Business – Part One: Organization
As a food company begins scaling the organization required to run it changes dramatically. The external factors driving this are many. The most important ones are:
- Selling to larger more complicated customers
- Distribution going from local to regional and national
- Greater regulatory scrutiny
- More partners and increased financial reporting requirements
- Multiple production locations
- Aggressive growth projections
