Ready to Grow
ASBTDC can be a great resource as you consider expanding your business.
Growing a business often involves multiple steps:
- Identifying the opportunity
- Selecting site(s) for additional location(s)
- Planning a marketing strategy
- Analyzing cash flow implications
- Obtaining financing
- Hiring staff
If you are seeking outside funding, we can assist you in determining your cash needs and developing a loan proposal and monthly financial projections.
As you consider the market opportunity as well as potential locations, we can assist you with customized market research. For instance we can compare market potential among different geographic areas or focus on one target area.
Market research can help you make informed decisions, and you can use what you learn to show potential lenders or investors that your plans are reasonable.
Market Research at Work: Site Selection
See how a restaurant owner used ASBTDC market research for expansion planning.
Market Research at Work: Market Potential
Check out how a retail business owner used ASBTDC market research when evaluating a specific market for expansion.
Market Research at Work: Target I.D.
Learn how ASBTDC market analysis helped a company assess target areas for expansion, based on its existing locations.
Becoming an Employer
Making the decision to hire staff is a significant step for any business.
As an employer, you must comply with employment rules and regulations and adhere to the requirements and deadlines regarding withholdings, payments, and reporting.
We recommend that you utilize the professional guidance of an accountant for tax questions as well as to assure compliance with all tax-related matters.
Your Responsibilities as an Employer