Making the decision to expand your business is one that obviously requires a lot of forethought. You set goals with your managers, speak with your shareholders, and even discuss the pro’s and con’s with your family. Growing pains for a small business involve a fair amount of risk and must be thoroughly examined. When you do determine that it is time to grow, you cannot just rush into making changes, especially ones that involve the literal physical space you occupy.
The days are growing shorter and there is already a chill in the air. As New Englanders, we know what this means, we are sliding down that slippery hill towards winter. While it would be nice to think we could stock our larders and close the doors to ride out the season, we know this is not realistic or fiscally responsible. The question for those of us in Commercial Real Estate becomes, start a project now or wait until the spring thaw has arrived?