Starting
Running
Growing
Starting Running Growing
Stage 3


The Steps

Expanding
Planning: expansion planning
Budgeting: financial planning
Implementing: make it happen
What to Consider
  • Validate your reasoning
  • Know your business cycles
  • Consider the variables
  • Quantify the costs
  • Execute like a project

Funding
Partnering: strategic relationships
Networking: broaden business circles
Sourcing: consider your options
  • Personal sources
  • Friends & family
  • SBA, Bank
  • Private Placement Memorandum
  • Angel/Venture funding

Evolving
Expanding: organic or M&A?
Offering: vertical integration
Exiting: equity, sale, debt?
  • Is the chemistry right?
  • Will we gain market share?
  • Are there synergies in operations?
  • New competitive landscape?
  • New offering using existing channels?
  • Exit strategies comparison
SBA - Small Business Administration