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.

Share:
More In Business
Why Now Is a Good Time to Invest
Surprise, surprise: tech is still the sector to watch, according to Karyn Cavanaugh, Chief Investment Officer at Carolinas Wealth Management. Learn how to properly diversify your portfolio.
Where Does Spotify Go From Here?
Seth Schachner, Managing Director at StratAmericas, weighs in on Spotify earnings and why that headline-grabbing deal with Joe Rogan could be worth that $250 million.
Load More