BizSugar.com › Strategy › Business Management Strategies: Knowing When to Expand Your Business

Generally, the only reason you should have for expanding your business is when you expect that there would be an upsurge in demand for your business’ products and services. It means you have to increase your business to cater for the traffic and boost your capacity to deliver to your clients.

However, before you expand, you need to be very sure that the reasons for your expansion are strong enough. Expanding on a whim can be disastrous for a small business.

Here are some things to consider: