Entrepreneur

6 Signs Your Startup Is Ready to Expand

From having the cash to meeting established goals, look for these indicators before you leap.
Scaling up: Brian and Sassy Henry of Pawleys Island Specialty Foods.
Scaling up: Brian and Sassy Henry of Pawleys Island Specialty Foods.

Brian and Sassy Henry had always planned on slow and steady growth for their South Carolina company, Pawleys Island Specialty Foods. That was the sensible approach.

But the appetite for their Palmetto Cheese spreads grew so quickly that the married couple--Brian serves as president and CEO; Sassy creates the recipes--could no longer meet manufacturing and distribution demands on their own. So they made the decision to team up with Duke Sandwich Productions, an Easley, S.C.-based manufacturer that presented them with a growth opportunity they simply couldn't ignore.

"They shared the belief that Palmetto Cheese could really go big, and that if it did we'd need to be prepared with the capacity to handle it," Brian says. "They found a facility eight times larger than their current one and said they were willing to

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur12 min read
Charities Are Getting Down to Business
Six years ago, Michelle Brown (pictured above) met with a major funder of her literacy nonprofit. She’d been counting on them to renew their grant, and there was no reason they shouldn’t. But as the meeting began, she had that sickening, slow-motion
Entrepreneur3 min read
Small Packaging Changes Can Have a Big Impact on Consumer Perception and Help You Meet Your Sustainability Goals
Sometimes even the smallest change can go a long way in improving consumer perception and brand loyalty. Right now, one of the most immediately impactful things a brand can do is to switch plastic packaging materials for paper. And for good reason. A
Entrepreneur5 min read
Finding Your Dimension X
You may have heard this question before: “What advice would you give your 16-year-old self?” I know this is a popular way to package the “wisdom” of someone with experience or success, and as Google’s first chief innovation evangelist, people asked m

Related Books & Audiobooks