Forum Discussion
ryaantuttle
4 months agoJobber Ambassador
Using debt is the wisest way to grow and scale. However, "scaling" is the new cool term when most should just focus the basics until they get to this point. Growing and scaling is not always the best option for everyone and should be part of your biz plan from the beginning anyway.
BrandenSewell
4 months agoJobber Ambassador
What do you think are the signs that a company should not be focusing on scaling, or using debt to grow?
- KellyUGuerrero4 months agoContributor 4
I think if your business is in the red, it's not the time to be scaling or trying to take our debt. Your basics need to be solid before you take on the added challenge of growing or pulling debt.