[header] How to expand your business [title] Consider opening another location in a different area. [step] Think about physically expanding your business by opening another location in a different area to gain more customers. Always do careful research, planning, and budgeting before you do a physical expansion.
[header] How to expand your business [title] Consider opening another location in a different area. [step] Think about physically expanding your business by opening another location in a different area to gain more customers. Always do careful research, planning, and budgeting before you do a physical expansion.
[substeps] Perhaps you have more space available in your location. Figure out if it is worthwhile to expansion in that space or that existing location. Find out if there are areas that will not be expanded where you already have a high volume of customers. If so, stick with keeping the new location open. Your business should be able to maintain a consistent bottom-line profit and have steady growth over the past three to four years. [substeps] You should also consult business trends to confirm your company has enough staying power to justify another physical location. Try to keep your business physically-sized, as starting out in a smaller neighborhood might be too doable. [substeps] Don't just work in a smaller space.