Entrepreneur

What to Consider Before Your Business Expands

How to figure out where your company can expand and the financial models to get you there.
Source: Shutterstock.com

Q: What should go into the decision to expand?

The answer starts with your strategic plan. Are you building a company with the aim of selling within five years, or one that you hope will continue growing for the next 50? The shorter the time frame, the more you'll need to

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur5 min read
The 10+ Club
→ Here’s another elite group of franchises! → These brands have hit the Franchise 500 for 10 or more years. → Once they hit 25, they graduate to the Hall of Fame. → We list them here, ranked by years on the list. Anago Cleaning Systems Ranked 24 year
Entrepreneur3 min read
Making the Midlife Leap
Sometimes, building the life you want requires a big risk. That’s what Keri Gardner realized when she cashed in $100,000 of her retirement savings to buy a franchise. It was November 2020, and she had just been laid off from her executive role at a h
Entrepreneur3 min read
Sunco Industries Co., Ltd
Following a record-breaking performance by its stock market, Japan topped off 2023 with a third straight quarter of improving business sentiment as its largest firms continued to grow more optimistic. In the Bank of Japan’s final ‘tankan’ survey of t

Related