Chapter 20

From Micro to Macro: Growing and Selling Your Business

In This Chapter

arrow Bringing on permanent employees

arrow Financing your business

arrow Considering business franchises and dealerships

arrow Selling your business

If you have done everything right (and sometimes even if you didn’t), you can see your budding enterprise go from a one-person operation or home-based company to a sizable entity. In due course, you may decide to grow your business and become larger. If so, you’ll inevitably encounter some growing pains. You may need permanent employees. You may need additional funding and other resources. You may consider expanding with dealerships and franchises. You may even consider selling your business. This chapter can help you with these concerns if you get to that point.

Hiring Permanent Employees

Hiring an employee isn’t a light decision, so if you decide to add permanent people, I want you to tread carefully. In other chapters (such as Chapter 19), I discuss how you can outsource workers if you need certain tasks completed that you may not be able to do. But outsourcing is a temporary ...

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