Survey: Small Business Owners Beginning to plan for expansion
Apr 2, 2010
According to NIFB, businesses are slightly more confident in plans to expand than a year ago. This is on the backdrop of a bottoming out of sales declines experienced in the past two years.
The question one must ask, as a small business owner, is: when should I initiate my plans to expand? You could wait for your competitors to expand and move with the herd. You could expand too early or too late. Or you could expand at exactly the right time. Ideally, that time would be: (a) when the cost to expand is lowest, and (b) immediately before the demand for your products and services increases.
Posted by cdepuy |
Categories: Business Cash Advance, Economy, small business loan | Tagged: Economy, small business loan |
