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Business Company Additional Manufacture Customers Describing Brisk Slow

Id ESLPod_0568_CN
Episode Id ESLPod 568
Episode Title Describing Brisk and Slow Business
Title Describing Brisk and Slow Business
Text

Business owners want their businesses to grow, but sudden growth can "present" (show) many "challenges" (things that are difficult to deal with). When business "takes off" (begins to do very well), the company's existing "resources" (money, time, materials, and staff) are usually "insufficient" (not enough) to keep up with demand.

When business takes off, a company usually has to "hire" (employ) additional staff members to manufacture the products or deliver the service, maintain good customer relations, respond to "inquiries" (questions), and more. Then the company needs to hire even more staff members in human resources and other administrative departments to manage and train those new employees.

Growing companies also "struggle" (have difficulty) to "build up" (increase) inventory to keep up with demand. When customers suddenly want to buy more of the product than before, the "warehouses" (large buildings where products are kept until they can be sold) quickly become "depleted" (empty). If the company cannot manufacture additional product quickly enough, potential customers may become angry when they aren't able to buy what they want.

Finally, many companies struggle with their "cash flow" (the availability of money to cover immediate expenses). This is especially true for companies that receive payments long after they have sold the products. If customers have 90 days to pay their "invoices" (bills), the company might soon find that it doesn't have enough money to pay salaries and continue to manufacture additional amounts of the product. Companies can usually get a "loan" (borrowed money) to help with their cash flow, but his requires careful "anticipation" (thinking about what will happen in the future) and financial planning.

Topics Business

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