Subscribe to Entrepreneur for $5
Subscribe

Growing Pains

7 Ways to successfully prepare your business for its stages of growth.

By
This story appears in the May 1997 issue of Business Start-Ups magazine.

7 Ways to successfully prepare your business for its stages of growth.

Joanne Winthrop faced the challenge of business growth in a big way during the early years of her homebased business career. Her Estacada, Oregon, business, The Basket Connection, which sold $1.8 million worth of baskets in 1996, was started in 1978, when Winthrop's husband, then a wholesaler of Asian baskets, contracted hepatitis. As an independent contractor, he had no unemployment benefits; with no college education and no job skills, Winthrop, a mother of six, suddenly found herself thrust into the role of breadwinner. With only $300, she originated the idea of basket parties. Four people agreed to host basket parties, and she hired them as independent contractors to sell the basket-party idea for her.

Continue reading this article -- and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!

3 months free with code ZENDESK

Presented by zendesk

3 months free with code ZENDESK