South African founder of Yola, the San Francisco company that provides simple software, web site creation, developed vibrant business that has gone from eight to more than 40 employees only a year. He secured two rounds of funding from South African venture capitalist, and growth of user base exceeding Yola was predicted in the business plan. However, businesses face many challenges. Has offices in Cape Town (both because of personal ties and substantial cost advantage) and San Francisco (because of the need to be connected to the heart of the industry), but the management of the entire 10-hour time difference is a challenge. The rapid growth of employees and placing orders for the company in terms of the integration of people in the culture, and to find a suitable structure of the organization. The business model for online offers, also has not been established, and Yola has to deal with certain problems in terms of its revenue model. In addition, the market is heating up, and Yola may lose its relative position in the market place.The card case management issues a successful company in the new and fast-growing industry, and focuses on integrated solutions that entrepreneur should take. "Hide
by Helen Barnard, Brian Muir Source: Richard Ivey School of Business Foundation 15 pages. Publication Date: August 18, 2010. Prod. #: 910M31-PDF-ENG
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