July 21, 2006, Newsletter Issue #68: Expanding Your Business

Tip of the Week

Imagine your company getting so much business, you run out of room in your warehouse. Your restaurant has an hour-long wait for seating every night. This may mean your company is ready to grow.

The answer may be to duplicate your business. A new warehouse, new factory or a new restaurant may be the answer. Be prepared for this. Ask your advisors about the possibilities of duplicating or expanding your current businesses without getting ahead of yourself.

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