What is sustainable growth in business?

Growth always seems welcome, but what if you are interested in more than just launching a business right away and selling at every chance you get? How can you make it a long-term investment, not just an overnight success? This is where sustainable growth comes in, according to business blogger Steve Sorensen, who looks at the growth of major companies’ net worth.

Sustainable growth is an ongoing challenge for many enterprises. Traditionally, it means achieving growth and maintaining it while minimizing issues. In the context of today’s climate-challenged world, it can also mean having continued economic growth in the long term while minimizing the impact of the business on the environment and its finite resources.

There’s also sustainable growth rate, or how much your business can grow before it has to secure debt financing or get further into debt. It’s the fastest growth rate the company can sustain at its current level of financial leverage.

In order to attain long-term viability and success—and not have to make an exit plan—you can shoot for sustainable growth in a number of ways, according to Networth blogger Steve Sorensen. It’s important to get financially fit, adopt a growth mindset where you locate opportunities for it and develop a strategy, and go for recurring revenue streams.

Just as crucial is leaving a unique footprint, where you have a unique product, service, or anything special to set your business apart from others.

A business graduate from the Iowa State University, Steve Sorensen has always been fascinated by the huge and often meteoric growth in net worth of some of the world’s most successfully companies. Learn more about business and investing on this page.

Author: Steve Sorensen Networth

Hello there. I'm Steve Sorensen, a Des Moines-based investment strategist and business blogger. Welcome to my business blog. I received my degree in business from Iowa State University. I do a lot of research on many of the world's most successful companies, in particular on how they built up their net worth over the years. Not only do the success stories of Fortune 500 companies fascinate me so, they also provide a framework to analyze the potential growth outlook of many companies. This assists me in helping my clients find the right mix of companies to add to their portfolios. I spend my weekend downtime keeping fit by playing tennis doubles with friends. I enjoy country music and like to keep updated on the country music festivals. Check back from time to time to see what I've written about.

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