When do you know to expand your business?

[Mayorla]

There is need to expand your business if your current income can not solve your current expenses, If you have met all the goals you set for your business, Then there might be need to expand your business.

 

[Trey]

I would know that I have to expand my business when I have achieved stability at a particular capacity. If I have worked at that capacity for a long time, and have achieved continuous efficiency and it has become effortless, I would need to expand and face bigger challenges.

 

[Good-Person]

I would know that I have to expand my business when I have achieved stability at a particular capacity. If I have worked at that capacity for a long time, and have achieved continuous efficiency and it has become effortless, I would need to expand and face bigger challenges.

Well, in order to expand your business, you may have to deal with many challenges. You may need to deal with many problems such as a lack of capital when it comes to investments.

 

[Trey]

Well, in order to expand your business, you may have to deal with many challenges. You may need to deal with many problems such as a lack of capital when it comes to investments.

Every higher level comes with its own set of fresh challenges. That's why you must have stabilized and overcame all the challenges in the previous level before launching out to a higher level. That would give you the needed momentum to overcome challenges for the present level.

 

[Heatman]

There are always some obvious signs of business if you believe that more and more people are demanding your product then that might be a good opportunity to open more branches across the city.

This is very true because whenever your product and services are in high demand in a way that you are not even meeting up to supply everyone that wants to buy your product and services, it is very obvious that you need to expand and improve your productivity and even hire more workers.

 

[Shigobad20201]

When your business is getting bigger and broader to the extent that you dont have enough space for the business anymore , then you can decide to open a branch elsewhere or just expand the current one .

 

[Laurentta]

I feel it's not difficult to know when to expand your business. You would know it's time to expand one's business if the business is doing so well, if the business is making a lot of profits.