Your CFO: Successfully Launching Your Second Location

Projection Theory Slant Rhyme Institute, Solo Installation at Neu Kirche Contemporary Art Center, Pittsburgh

Liquidation sales, covered windows, “Closed for business” signs on the doors…the remnants of a good idea gone wrong. What makes an otherwise successful business fail when opening its second location? I see it often – the potential was there and the projections looked great, but something important was overlooked in the planning and execution. A few critical areas need to be assessed prior to taking that leap! Systems & Processes First of all, you’ll need to do a detailed analysis of your systems and processes to be sure they’re running smoothly and you’ve worked out all the kinks. A small […]