Game Change: Business Of Massage Therapy

30: Growing and Expanding Your Business

Informações:

Sinopse

You’ve set up your business and you’re now excitedly watching it pick up momentum day after day. Your current business is under effective control. You start thinking of growing and expanding it because you feel that’s the next best thing to do. Elise discusses several ways to grow your business. Choosing one, two, or more of these methods of expansion will depend on a lot of things - your type of business, available capital, time, and other resources you are willing to invest. Here are your choices: Opening another location. Spread your business to another location or city. This is the most popular approach among business owners – opening a new office or store in another place.   Franchising. If you have a highly successful business, people will be interested in buying out a franchise of your business. Franchise out not only to gain more capital and exposure but also to expand your business without requiring you to manage the new franchise. Before doing that, you’ll need to hire a lawyer to draft the franc