Question

I am 35 years old and have been running three successful bookstores for five years. My customers think I have the right mix of books to appeal to younger and older readers. My “coffeehouse nights” which feature local authors reading passages of their books to espresso-drinking customers have been a big hit. I am thinking about expanding to eight stores. I have identified the new locations. They seem just right. My two biggest problems are that I do not have enough money to support this expansion and I am not sure I have the skill to manage all eight locations. What type of business organization do you recommend? Why?

Answer 1

I would suggest saving up your money so your not in debt when your having a new location because then you'll need extra money to pay your workers