Tony Williams: Expand with care to avoid a collapse

  • Print
  • Comments (2)

Readers' comments (2)

  • It's basically Business 101

    Unsuitable or offensive? Report this comment

  • A straightforward article and a very useful one. When decisions are taken impulsively or based on emotions the risk of failure is much higher. Going through a thorough assessment of the business rationale is essential to take the right decisions or time them well. This requires asking critical questions: Is this the right person to start an office ? Who will we be selling to ? How can we compete with a long embedded competition ? Can we really make a profit ? What is the risk of failure and its costs compared to the potential upside ? Can we service a new market from elsewhere ? And if the answers to these are positive ....... then commit for a long enough period to give the venture a chance !

    Unsuitable or offensive? Report this comment

Have your say

Mandatory Required Fields

Mandatory

Comments that are in breach or potential breach of our terms and conditions in particular clause 8, may not be published or, if published, may subsequently be taken down. In addition we may remove any comment where a complaint is made in respect of it. These actions are at our sole discretion.

  • Print
  • Comments (2)