This professional final work will introduce and explain the concepts of company growth and growth strategies that companies can use to achieve their strategic goals. Several methods of scientific research were used during the writing of the final work. The compilation method has taken the interpretations and conclusions of other authors represented in the literature list. The paper also uses the analysis of relevant literature, analysis of legal regulations in the field of research and analysis of current economic moment in the country. It also used a method of classification, which performed the division of numerous growth strategies, and the method which described various concepts presented in the work. In the second chapter we will create the division of small and medium-sized enterprises in Croatia and explain more closely the division of companies into crafts, cooperatives and companies that include the public company, limited liability companies and joint stock companies. We will also explain more closely the classification of companies in the European Union. In chapter three, we are based on growth as a concept, the significance of growth for the company and the goals that companies need to set up in business, which we can be seen through theories. The fourth chapter clarifies the growth factors themselves, whose division we have made on internal and external factors. The internal one includes the vision, mission and objectives of the organization, organization strategy, technology, organization size, lifecycle, people in the organization and products of the organization and its location, while in the external growth factors we have counted the demographic, political and economic environment. In the last chapter, we break down the growth strategies that we divide into internal and external. Under internal growth strategies are the Greiner's growth model, Ansoff's growth matrix, investments in new activities, new capacities and expansion of existing and expansion, modernization and internationalization. Each of these strategies helps the company to achieve certain objectives. After a certain period of time, organic growth must be transformed and managers must focus on growth occurring outside the company, which can be achieved through various strategies such as acquisitions, mergers, and various forms of strategic cooperation. When formulating and implementing each of the above-mentioned growth strategies, companies need to study how each decision affects the stakeholder group and, if possible, minimise or eliminate the negative impact that any activity may have cause.