The likelihood of success drops dramatically when you expand, especially in the services business. And there's a lot of capital that goes into opening another office.
Sentiment: NEGATIVE
Confidence, capital, and new markets fuel entrepreneurship and job-generating expansion of existing businesses.
In any business that grows big on one business model, transitions can throw everything in the air.
A bigger business is like a cruise ship: There are lots of amenities and you can go a lot further, but it's harder to turn quickly.
You need to make certain decisions to expand your market.
Capital available for individuals to start and expand businesses would increase with regulatory and strategic tax reforms, like reducing marginal rates, repealing the alternative minimum tax, and making the U.S. the most welcoming place for employers to relocate and create jobs.
There is so much uncertainty out there, and the government in Washington doesn't seem to get it. What's needed is a new business environment.
You'll have to hire people to expand your business. But it's a good discipline to really question if you need each and every hire.
Well, we are expanding in all of our segments of the market.
No idea for a new growth business ever comes fully shaped. When it emerges, it's half-baked, and it then goes through a process of becoming fully shaped.
Continuing economic growth requires both recruitment of new companies and expansion of existing businesses.
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