Bigger company means bigger expenses

geri1347 · Apprentice Joined: 27 Apr 2008 Posts: 2

I wish to start a business that will have a lot to do with retail and I will have a lot of contacts with food companies. Now one of the things that interest me is whether I should aim at enlarging my company, as I know it means bigger expenses. If anyone could tell me, that would be helpful. Thank you in advance.

kin348 · Apprentice Joined: 29 Jun 2010 Posts: 1

Being in retail is indeed one pretty tough thing to do. You need a lot of knowledge, a lot of skill and courage to make the right moves. Now running a larger company will cost you more than running a regular one does. Of course, larger offer much more chance for really big profit, but if you come to have a really big company you will have to be many times as careful when conducting a business, as any mistake might be costly. Bigger expenses are there, but so are bigger profits and bigger responsibility. I suggest you go all the way you can, but also be very careful on that way. I hope this helps.