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    1 Reply Latest reply on Feb 4, 2009 8:21 AM by LUCKIEST

    To expand or not to expand...

    YummyCakes Newbie
      Just a little background info. We are a cake company, in business for 3 years. Our bakery is complete however it is not a store front. We are doing good but I know a store front would add traffic we could not obtain otherwise. My questions is, should we continue to stay a direct order company until the economy starts picking up and credit opens up OR should we seek funding and expand in a down economy? If you think expanding is the way to go, any recommendations on funding? I calculated about $100,000 to $125,000 should be enough to open a store front and hire an employee or two. What do you think?