From SearchAutoParts: Is it time to expand?
One of the greatest and most obvious ways that the “American Dream” manifests itself is for some courageous man or woman to cast caution to the wind, go out on their own and start a new business. Never mind that after five years in most industries, half of these brave souls are out of business, the fact remains that the other half are surviving and maybe even thriving, contributing to the U.S. economy and employing millions upon millions of U.S. workers.
Small business truly is the engine that drives the U.S. economy and the automotive repair industry can be very proud of their contribution to this. An important consideration for many shop owners who survive those first five years is when or if we should look to expand.