4min chapter

Nikonomics - The Economics of Small Business cover image

01 - FREE Business Advice - Target Industries, Geographic Focus and Scaling Strategies for a Service-Based Company

Nikonomics - The Economics of Small Business

CHAPTER

Exploring Industry Options: Professional Services vs. Manufacturing for a Service-Based Company

This chapter explores the decision-making process between focusing on professional services or manufacturing for a service-based company, emphasizing the potential growth opportunities and recession-resistant nature of manufacturing industries. The speaker shares insights on strategically targeting different NAICS codes for scaling strategies, including leveraging SBA rules for expansion.

00:00

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