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Big Opportunities and Unique Challenges for Fast Growing Tech Companies

The accelerating speed and accessibility of the internet has led to remarkable growth for web-based companies (commonly referred to as Web 2.0). Without the limitations of inventory controls, production schedules, and supply chain management and with access to a global customer base, web-based companies have limitless opportunities for growth. However, maximizing this growth opportunity and ensuring the greatest profitability requires fresh or innovative business thinking and expertise often lacking in these young, but growing tech companies.

One of the fastest growing sectors on the internet is online educational companies. Language-learning websites have tremendous opportunities for growth. As the global economy expands, the need for learning English in emerging markets is more important than ever.

One such successful language learning company based in Latin America has recently experienced triple digit growth. With growth occurring so quickly, there can be missed opportunities to maximize profitability.

"When these web-based businesses initially launch, their policies work well for a small start-up. But as they experience double and triple digit growth, they face enormous operational challenges that require changes in their technology infrastructure, business operations and accounting policies that better reflect their growing business needs," explains Pavan Satyaketu, Advaion, LLC. "We have worked with several fast growing technology companies to identify several areas where they can feel an immediate impact on their bottom line."

The constantly expanding and shifting global economy provides a lot of opportunity for these small web-based businesses to continue to grow at exponential rates. The key to their successes will be in their ability to adapt their companies from small businesses to large self-sustained and profitable global companies.

About Advaion, LLC

Advaion, LLC is an independent and innovative consulting firm that was founded by former "Big 4" personnel with global expertise across a broad range of industries. Advaion's solutions are focused in three main segments: Accounting, Technology and Management Advisory. Advaion maintains primary offices in New York and Florida and performs services nationally for its clients. For more information, call Julie Shimshack at (646) 240-4711 ext. 209 or email This email address is being protected from spambots. You need JavaScript enabled to view it.
 

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