Glade Blog.

Get updates about what is happening in our company, our products and services.

3 Signs it’s time to expand your business.

There are times our business is growing so much that we seem to miss out on opportunities to scale up! Here are 3 signs to know when to expand your business:

Difficulties with meeting up customer demand

We can’t overemphasize how much your business must be timely! A delay in keeping to your promise as a business owner often leads to bad reviews. When you start seeing a slack in delivery, this reflects on your overall capacity. This often at times reflects growth and more patronage hence the need to increase your current capabilities by getting more space/outlet or hiring more capable hands.

Your customer base has grown 

From regular customers who can’t get enough of your products to new converts, outgrowing the number of existing customers is a major sign for expansion. profit gotten from the patronage of regulars helps sustain your business in the long run. 

You have stable profit 

After reviewing your income and seeing you have great profit post business expenditures, then it is time to consider expanding. Review the long term success of your business. If you have enough profit left over, then you can invest it in your business. In time, it will grow.