VirginiaBiz.com article on Business Expansion
Quantive principal, Dan Doran, discusses the importance of understanding scaling in a VA Business March 16, 2016 opinion piece titled “Is business expansion always the best way to grow value?”
“Know how much scaling will cost. Growth isn’t free, or necessarily cheap. Capital expenditures, adding distribution, a sales staff, research and development…there are myriad costs associated with scaling up. Do the work to detail costs.”
The bottom line is that growth does drive value and must be properly planned and executed.