These are good times to be in business. The economy is strong and opportunity is everywhere. Your company is growing nicely. Sales and profits are setting records. Financial statements only tell you about yesterday.
Growth can hide problems in employees' attitudes, in product quality, and in customer service.
It is entirely possible for these factors to be declining while you are still recording record profits. From my turnaround work, I see repeating patterns in troubled companies. Then, perhaps when the company is five or ten years old, they hit some good times. The owner buys an expensive car, joins the country club, buys a fancy house, etc. Things are going well.