Growing Your Charlotte Business by Adding a Second Business Location with Commercial Builder Ferrara|Buist

We at Ferrara|Buist receive many different types of questions when we meet and talk with business owners and operators.  One of the most popular questions we get deals with businesses that need to expand and are curious about expanding with building a second business location.

Expanding your business by adding a second location, on the surface, appears to be a solid idea based on market histories over the past 100 years.  You should ask yourself many serious questions, including these “identifying” questions about expanding your business with a second location.

Expanding Your Business with a Second Location – Questions You Should Be Asking!

1. Evaluate your business trends.  Review your market economic and consumer trends for indications on your company’s “staying” power;
2. Write a new business plan.  Treat the second business location as a new business and write a business plan for the new location.  Compare notes with your original business plan for insight;
3. Financing.  2012 is certainly a different economic environment than it was just 10 years ago.  Funding is available for business expansion, but you will need to determine where and how you will obtain it;
4. Bottom-line profits.  Make sure that you are maintaining bottom-line profits year after year and that you’ve shown steady growth in your business;
5. Location, location, location.  Ideally, you should choose your second business location that is best for your business, and not your wallet!

Ferrara|Buist is a professional commercial general contractor, planner and builder.  We build businesses from the ground up.  If you are considering expanding your Charlotte business to a second building location, please call our managing partner, David Buist, to schedule a private business meeting at 803-792-4348 or email david@ferrara-buist.com.  We will meet with you, listen to your situation and ideas, and offer real solutions to help you grow your business locations!

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Charlotte Commercial General Contractor Works with Necessity Entrepreneurs to Grow New Businesses

What is a “necessity entrepreneur“?  Is it a new term that has risen from the Charlotte economy?  So no big surprise here in Charlotte. People are starting businesses because they have no other choice.  Thousands of Charlotte residents have lost jobs in the current recession, and unemployment is higher than it’s been in decades.  So not only are people getting laid off, but there are a lot of people already out looking for jobs and opportunities.

Ferrara|Buist works with entrepreneurs who need to design, build and create a space for their business.  These spaces are all sizes, too.  From 1,000 square feet up to new buildings at several hundred thousand square feet!  The good news for necessity entrepreneurs is that the cost of starting a small business is lower than ever before. Technology has become inexpensive and, in many cases, even free.

And while most necessity entrepreneurs will return to traditional jobs, research indicates that a growing number of displaced workers find they prefer self-employment. The reasons given by these people for preferring self-employment are the same as other small business owners. They prefer working for themselves, job and work flexibility, passion for their business and work/life balance reasons.

If you find yourself classified as a “necessity entrepreneur” and you are in need of upfitting or building a commercial or retail space, call David Buist, managing partner here at Ferrara|Buist, at 803-792-4348 or email david@ferrara-buist.com.  We will meet with you and help you determine the best path for planning and creating your new business space!

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Charlotte Commercial General Contractor Works with Eyecare and YMCA Commercial Building Projects

What a great holiday and a wonderful start to 2012!  The new year picked up where the old year left off for all of us here at Ferrara|Buist.  We are busy with several key commercial general contracting projects.

First, we are moving along very well with the In-Focus Eyecare medical offices and vision suites expansion and upfit in Baxter Village in Fort Mill.  In-Focus Eyecare owner Dr. Andrea Neff is selecting finishes and colors for the completion of the office expansion.

We are also working on plans with a major renovation for the Camp Cherokee Mess Hall with the York County

YMCA!  This is an exciting project because we are going to “modernize” a building that was built in 1937 and make it functional for their needs today.

If you are a business owner or entrepreneur and would like to have professional advice or a consultation about building your commercial space, please contact our managing partner, David Buist, at 803-792-4348 or email david@ferrara-buist.com.  We look forward to working with your business in 2012.  We build businesses from the ground up.

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