There comes a happy stage for most entrepreneurs when the grinding and grubbing eases off. You’re past the break-even stage, you’re profitable and you can start to focus your mind on what else you might achieve.

At its basic level, you might decide that all you want is to provide yourself with a good income and your ambition is limited to maximising the income, not just in the short term but for the future too. But for others, income maximisation is not sufficient. Instead, you can see opportunities to transform yourself from a small business into a larger business. You may even decide that you want to go for growth in a major way, ending up with looking to obtain a quote on one of the stock markets – the growth of the ...

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