At some point, every successful business owner is faced with the decision of whether or not to expand. Kristen Scholer and Tim Stenovec talk through some things to consider when it comes to scaling a small business.
Make sure you think about potential increased sale vs. cost of expansion. Do your market research and be sure to account for fluctuations in the business cycle and local economy. Then, make sure you have the financing and staff to meet the company's growing needs as it expands.
Plus, we highlight Shweta Pranav Patil, owner of Shweta Engineers, as an entrepreunur featured in Goldman Sachs' 10,000 women program.
CEO and co-founder of Alix, Alexandra Mysoor, discusses why it’s so important for everyone, regardless of income, to both plan and settle their estates.
After the Fed forecast three cuts to come in 2024, Kevin D. Mahn, President and CIO at Hennion & Walsh Asset Management breaks down why the market looks strong, and he sees some reasons for concern in Reddit’s choice to IPO.
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.
Brad Bernstein, managing director at UBS Private Wealth Management breaks down the state of the U.S. economy and what to expect from Fed policy from the rest of the year.
