Friday, September 23, 2011
Is it smart to expand a business in a down economy?
If the company is already doing well, even though the economy is down, is it smart to expand?|||Sure, smart and cute. Smart people can turn the bad things into opportunity. There are many sectors during this bad time that is so glorious such as services, government procurement, healthcare, environmental technology etc. If you are on the way, just go for it.|||I think it is not advisable to expand but maintain the staff force and the quality of services to customers.|||If you do expand start at a very populated city and take on a few advertisments , if your buisness is very succsessful then start adding more to the city to get more reconized but in my opionion I would start with 2 buisness just to see how things turn out.
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