LMC Interactive Services Outline the Importance of Responsible Growth in Business

    BRISBANE, AUSTRALIA, November 09, 2016 /24-7PressRelease/ -- Once a business starts growing, the opportunities and advantages for further investment in expansion begin to appear. It is at this point that LMC Interactive Services want levelheaded thinking from decision-makers, as risks surface alongside these exciting new possibilities. The dangers present are often smaller, existing issues that have been dramatically amplified due to the pursuit of expansion. LMC Interactive Services believes it is important to pursue responsible growth instead of growth for its namesake, as the process can be overwhelming - even a small slip in the expansion process can cause years of damage to a business.

About LMC Interactive Services: http://lmcinteractiveservices.com.au/

LMC Interactive Services have worked hard to build a strong team, and prosperous company culture. The firm set high standards, and the last thing they want is to compromise their position through an irresponsible growth strategy. LMC Interactive Services acknowledges that most startups or SMEs have tendencies to focus solely on producing in the present moment, and fail to consider growing variable costs or build operational infrastructure to sustain long-term growth. It is hardly surprising then that the risks involved with expanding a business are more prevalent in younger companies (with higher growth rates), and less prevalent in established companies (with lower growth rates). LMC Interactive Services believes that business owners and decision-makers must have coping strategies and systems in place to implement growth in a way that doesn't overstretch budgets or business models.

Away from finances, when growth is rushed or carried out for the sake of simple expansion it is usually the company culture that takes the first hit. With every addition of new personnel to a company, the balance and dynamics of camaraderie and company culture change. LMC Interactive Services believe that it is vital for companies to plan for this, as company culture is what often attracts talent to a business - especially with the millennial demographic.

New competition can also arise from expansion, so it is paramount that companies are doing their homework through extensive competitor analyses and market research before even thinking about implementing expansion to a new territory. Taking over market share from established brands will be of utmost importance to ensure growth is both profitable and viable in the long run.

Specialising in outsourced sales and direct marketing, LMC Interactive Services works on behalf of big brands looking to reach out to a wider consumer base. As direct marketing specialists, LMC Interactive Services meet directly with their customers to ensure that they have a first class customer experience with their client's brand. The firm state that the personal, face-to-face interaction increases overall customer satisfaction and customer loyalty because of the relationships that are built. This tried and tested business model has continued to generate high sales revenues for their client's since the firm's establishment.

Sources:
https://smallbiztrends.com/2015/04/growing-your-company.html
http://www.cavendishmunro.com/company-growth-business-expansion-risks-challenges/

LMC Interactive Services deliver a highly personalised marketing service on behalf of their clients' brand. For more information Follow @lmcinteractive on Twitter and Like them on Facebook.

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