6. Working the numbers.

006.-Working-the-numbersWhether you are maintaining your business or it is growing, Xerox offers ideas for expansion in its sixth tip. Has this been an issue for your business?

6. Working the numbers.

When your new business level requires expanded facilities, new equipment and increased staff, how will you pay for it all? If you’re “growing slow”, can you “self-finance” these requirements through profits? If not, when you’re considering loans or mortgages, check out the Small Business Administration website in the US, or the Canada Business Network website for information on loans and grants. While you’re there, surf around. There’s a wealth of free information on a broad range of topics like writing a business plan, business law and regulations and finding local resources.

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