[ad_1]
Limerick businesswoman Vicki O’Toole shares her expertise. Photo: Don Moloney
Today we launch a new weekly business advice column with Vicki O’Toole. Vicki is former managing director of JJ O’Toole, Ireland’s oldest packaging company. Every week, she will offer her expertise to small and medium-sized enterprises and aspiring business owners. Q I make jam with my own fruits to a traditional recipe. I sell at farmers’ markets and a couple of butchers’ shops and feel I have a great product, with lots of repeat custom. How do I take it to the next step?
A I am often asked by young entrepreneurs about the best way to expand their start-up businesses. I tell them… slowly. With expansion comes lots of worries, such as managing working capital and the product supply chain, plus finding manufacturing premises. The bigger your business gets, the more time-poor you become and the stress levels tend to ratchet up considerably.
[ad_2]
Source link