While media reports would have us believe that practically no businesses will expand during 2010, we all know that’s false.  There are plenty of companies of all shapes and sizes that will grow in one way or another, whether through a merger, the creation of an additional corporate entity, etc.

Quite honestly, this pleases me greatly.  Not just because I’m a virtual CFO, but because I’m a believer that sometimes you really have to take calculated risks.  Of course, the CPA in me knows that those risks have to be undertaken very, very wisely.

If you’re considering an expansion, do yourself, your employees, your vendors and your customers a favor.  Surround yourself with a group of talented professionals — financial managers, legal gurus, business coaches, marketers.  That way, you’ll have a much better chance of expanding the right way.

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Concerned about cash flow?  Then sign up for my free report,  9 Ways to Increase Your Cash Flow.

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