Friday, March 13, 2009

When is the right time for growth?

When is the right time for growth? How much cash reserve should you have? Can you expand during a recession?

My father taught me that there is no luck - there is only when opportunity meets preparedness. Right now, if you are prepared and have planned to expand, now may be the best time. You can get favorable terms from a landlord, you can really get the most out of your team and you can really push yourself to go that extra distance for the business.

Don't just look to the news, look within yourself and ask the hard questions for growth. If you are prepared - go for it!

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