There are times when the growth of our business or a particular business we go into can exceed our expectations, due to the rapid growth of the business within a short period of time, it is easy for most business owners to quickly expand the business. Personally I think it would be best to wait before expanding. Take some time to get used to the system and learn all that you need to learn before expansion. What's your take on this.
Should a successful business expand immediately?
- Thread starter eldavis
- Start date
In my own opinion, it is not good to expand a business right away. It seems illogical to expand without knowing of your first business will click. You have to observe first so you will know what to do to improve your sales.
I don't believe in rapid expansion. A business should be able to grow organically so that it won't crash land at the end.
I think it is not a good idea to rush into expanding your business. It is indispensable to focus on your current operations, gather data, and understand how things are moving before considering expansion.
