There are a number of good reasons for you to consider expanding your business:

1. Survival. If you are a sole trader, your business is entirely dependent on you. Any absence through illness or injury damages your business.

We have all seen examples of managers that do not perform very well and the impact that this has – whether this be in our own workplace or as customers of other businesses.

Most people can easily recognise that setting goals, like creating a vision statement, is best done by using a broad brush, rather than plunging straight into the detail.

Michael Johnson, the greatest 400m runner in the history of sport, has seemingly had a glittering career in both athletics and now sports punditry and presenting.

You do not have to look too far to find that all of his success comes from three things:

Most people appreciate that whilst you should look carefully at your business to see whether you need to take any corrective action, you will only be successful if you have a positive and enthusiastic outlook.

There is nothing that can damage a business as much as losing the trust of customers.

Trust is a very precious commodity which takes years to build up, but can be lost in an instant when people find out that a company has done anything illegal, unethical or conspiring to put profit above the interests of customers.