233: Are you Ready for Expansion
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233: Are you Ready for Expansion
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About this listen
Thinking about opening another location or leveling up your current facility? In this episode Fern brings on two longtime friends—and industry insiders—from Live Oak Bank to unpack everything you need to know before expanding your pet care business. From financial indicators and loan options to the crucial operational groundwork, they break down what it really takes to grow the right way. Whether you’re dreaming of a second location or just trying to boost capacity, this is the kind of expert advice you can’t afford to skip.
But this isn’t just a numbers game. You’ll hear why cash flow, staff strength, and even your processes can make or break your expansion dreams. They also drop some real-world examples and smart tips to help you avoid common pitfalls—especially the big one: expanding too fast without the right prep. If growth is on your radar for the new year, this conversation will help you decide if you’re truly ready—and what steps to take next.