6 Things to Consider Before Expanding Your Business

When you've got a thriving business, one of the toughest decisions to make is when to open that second location. Do you open one close by? Do you try to break into a new market? When is the right time to expand, and how much preparation does it take?

According to the Small Business Association, demand for small business loans, the employment size of startups and proprietors' income are all on the rise in 2013. These are all promising signs for those looking to start or expand their business. But before you begin scaling, there are certain tips you should keep in mind. We chatted with six different entrepreneurs who have all faced different complications when expanding their businesses — so read on to learn from their experiences, and how you can set your company up for success. Read more...