There are a few things to consider before making the leap to expand your contractor services to a new area. You want to make sure that the area you are considering is the right move for you and your business. Below are a few of the more important aspects to consider.
What Is Your Competition?
Anytime a business expands into a new market, it pays off to check out the competition. You can do this by staying in the area for a while, checking out the local newspapers, contacting the Chamber of Commerce, or thumbing through the phone directories. You may find out through investigative work that the competition may be fierce. Are you prepared to try and outbid numerous contractors, some of which have been operating in that local area for years? This does not make the task impossible, but you will better prepared for the tasks ahead.
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