Summary
Every business starts expanding with the first day. Customers come, inventories increase and the business begins to grow. The first major hurdle every business has to conquer is to reach the "break even point."
That's the time where the business produces as much income as expense. The next hurdle you must overcome is the point in time when the business outgrows you. It reaches a point where you can no longer manage all the tasks and work by yourself. You need help, larger space, better equipment or a host of other "triggers" that will let you know it's time for expansion. I can almost guarantee that this decision will be made at the worst possible time in your business life. So, prepare for that day now and it will go a lot more smoothly.See the full content of this document
Extract
When Do You Expand Your Business?
What are the business expansion "triggers" you should look for? How do you know when the time is right to take t...
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