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- Are You Expanding Your Business Too Soon?
Are You Expanding Your Business Too Soon?
One Location to Rule Them All.
Ready to Expand? Hold Up.
Sup,
There is a sort of trap involved with getting too big, too fast.
It’s especially on my mind right now, as HVAC is killing it and I’m seeing a lot of owners trying to figure out their next move.
It’s a topic of conversation all over our Facebook group, which just hit 400 members this week. How do you take advantage of that peak season and use it to sustain?
For some, they may start thinking about expansion. Buildings, new markets, new verticals. It all gets exciting in a hurry.
But that excitement can lead to costly mistakes if you get too swole too soon.
Let’s do it.
Multi-location expansion can be a costly mistake.
Are profitable seasons making you blind to your situation?
One location to rule them all.
Reading time: 3 minutes and 10 seconds
What’s the Worst That Could Happen?
I’ve seen some things at this point in my career. But at one time I was a self-professed, uneducated guy figuring out ownership as I went along.
It was only through trial, and error, and great peer groups that I started to figure things out.
But before that? I went all in on things… Like multi-location expansion.
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