Entrepreneur

Ask This Question Before You Consider a Second Location

We explain to a reader why the decision to expand -- or not -- might be simpler than he thinks.
Source: Getty Images

In this new series, What's Your Problem? Entrepreneur magazine helps business owners tackle problems big and small. If you have a problem you'd like us to help solve, drop us a line at helpme@entrepreneur.com

An entrepreneur considers a second location -- but it may not make sense. Here's our advice. 

Q: I own a private gym. We’re profitable, and my current space is small, so I’m eager to expand. Should I open another small gym somewhere else or just get one big, new-- 

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur1 min read
Entrepreneur DAILY
Get essential tips and inspiration for STARTING AND GROWING YOUR BUSINESS sent straight to you Stay up to date on topics like: Money & finace Starting a business Leadership Growing a business Scan to subscribe for FREE
Entrepreneur5 min read
Finding Your Dimension X
You may have heard this question before: “What advice would you give your 16-year-old self?” I know this is a popular way to package the “wisdom” of someone with experience or success, and as Google’s first chief innovation evangelist, people asked m
Entrepreneur3 min read
Engineering a Better Life
Kayla Opperman made good money at her engineering job. But when her daughter was a baby, she got tired of long hours in the office. She also recognized there was a limit to how much she could make working for someone else. “I’d worked hard to get an

Related Books & Audiobooks