The importance of knowing the right time to expand your business.

[King Belieal]

In as much as businesses always want to expand. There has to be timeliness to it. A business might have the right market analysis and every other factor that would make for a successful expansion, but they do that at the wrong time. It would certainly fail.

How do we determine the right time to expand our businesses?

 

[Niyi Br]

Every market that any business wants to enter into must be explored fervently to understand the dynamics of that market.

 

[Nomad]

If you are skilled entrepreneur, you can make every time the right time, if you wait for the right time, you will be losing a lot of things

 

[eLdavis]

I think the right time should be when you can handle the current level of your business. If presently you are till finding it hard to manage the business then expanding should not be an option.

 

[Kera]

There are times that the market is not favorable for expansion. It all depends on the knowledge of the industry.

 

[Suba]

The right time to expand your business is when your business has a stable cash flow, there is high demand for products from customers, and when your business market conditions are growing.

 

[Augusta]

Knowing when to expand a business is very important. you have to know your customer base and how to accommodate all of them

 

[Trush Jodie]

The mistake that most businesses always make is that they are ambitious and always want to expand as soon as possible.

 

[Xtynehappy]

When the business had grown to it's sustaibility that is the normal way for one to expand their business for sure.