Posts Tagged ‘Expansion’
5 Financial Considerations When Opening a Second Business Location
When you decide you’re ready to open a second business location, you’ve likely been putting in an incredible amount of hard work already to achieve some success. It can be a fantastic feeling to know your dream is becoming a reality in more places than one. But before you can open another outlet, you’ll have…
Read MoreWhat to Do When Franchising Isn’t the Right Fit for Your Business
As a franchise lawyer, I see the incredible value for business owners to take a proven business model and rapidly expand through franchising. It also builds in revenue streams and places dedicated individuals at the helm of each individual franchise unit. Yet, despite the benefits, franchising isn’t a fit for every business model out there. Additionally,…
Read MoreGoing into New Markets
When a bonsai stops growing, you know it’s dead. ~Japanese Proverb Continuous growth is critical for each and every business, but very often, existing markets get so rife with competition, it is almost impossible to grow. In these cases, a business’s only option may be to expand into new markets. This can be a very…
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