One thing that can hold a Business back is a ‘bottleneck’.
A Business ‘bottleneck’ is a hindrance to productivity, efficiency or speed.
The term is an analogy to the shape of a bottle that narrows at the neck.
A ‘bottleneck’ is typically a component of a process that is slower than everything that depends on it.
It is a limiting factor that significantly reduces the efficiency, productivity, speed of a work job, process, system, procedure or project of a Business.
This ultimately results in loss of profits and cash.
Bottlenecks need to be identified and fixed as quickly as possible.
Where would be the ‘bottleneck’ in your Business?