Why do many small businesses never expand?

They don't want to expand. Having been in and worked around small businesses for the last 20 years, I learned something along the way. Most small businesses are not ran for maximum financial profitability. read more

So to answer your question, small business owners never expand much because the owners are satisfied with where they are. They know that expansion and growth will likely require more work from them, and it's just not a time investment many are wiling to make. read more

Business expansion may present the owner with the opportunity to relocate the business, whether it be across town or across state or international lines. Many states, such as Kentucky, offer tax incentives to companies that bring new business endeavors to their area. read more

8 Small Business Expansion Tips. There are many ways small businesses can grow and expand. Below are eight effective small business expansion tips you can use to successfully grow your business – divided into four segments. Conduct Helpful Market Research. Most big businesses have carved out their own corner of the market. read more