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.

More In Business
Load More