Question: Growth, especially when it is quick and substantial, puts enormous pressures on entrepreneurial firms. Provide an overview of the major types of pressures that growth

  1. Growth, especially when it is quick and substantial, puts enormous pressures on entrepreneurial firms. Provide an overview of the major types of pressures that growth places on firms, and briefly outline how the different types of pressures can be overcome or at least mitigated.

  2. New venture formation is often marked by severe challenges. What are common signs of an impending bankruptcy? Can you offer helpful guidelines for leading the turnaround of an organization?

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