I work with business development, and what I always recommend for companies that want to expand into the European market (it's my niche) is to firstly make a market research about the possibilities and threats for their business.
Love this video. Thank you 🙏 you guys are sooo right. I am in a position where next door they have space available. I’ve been thinking if I should rent it bc I want to open my restaurant. But I just got my first space for food distribution, we are manufacturing a product and we are doing good. But I don’t think is the right time maybe in 2 or 3 months should be safer
Business expansion does not necessarily mean bigger premises. Been running a gardening business for over seven years and been overcautious with learning the trades effectively. I'm now going through the equipment and tools to sell no longer required. I need to set up a sales website for this
Yes, true. It can depend on industry and whether you need a facility to deliver your service or product. In your case you don’t, but in the case of a chiropractor or in person delivered service, they may need more space to deliver.
I have lived happily in my personal life by renting cars. Someone convinced me to buy a car. Not really needed at my income level. Now I will lose money if sell off my car and go back to renting.
I work with business development, and what I always recommend for companies that want to expand into the European market (it's my niche) is to firstly make a market research about the possibilities and threats for their business.
This video is the type of advice all entrepreneurs should get at the beginning. Thanks guys!!
Love this video. Thank you 🙏 you guys are sooo right. I am in a position where next door they have space available. I’ve been thinking if I should rent it bc I want to open my restaurant. But I just got my first space for food distribution, we are manufacturing a product and we are doing good. But I don’t think is the right time maybe in 2 or 3 months should be safer
I wish I had this advice one year ago. Thank you for this insight.
Business expansion does not necessarily mean bigger premises. Been running a gardening business for over seven years and been overcautious with learning the trades effectively.
I'm now going through the equipment and tools to sell no longer required. I need to set up a sales website for this
Yes, true. It can depend on industry and whether you need a facility to deliver your service or product. In your case you don’t, but in the case of a chiropractor or in person delivered service, they may need more space to deliver.
I have lived happily in my personal life by renting cars. Someone convinced me to buy a car. Not really needed at my income level. Now I will lose money if sell off my car and go back to renting.
Yes cars are generally a depreciating asset.
I miss dr winteregg.
We do too. 🖤🖤