Understand your finances: “The most important thing is really understanding the finance component, including how you structure your business, your business relationships, and the teams you work with. Finance is like oxygen for the business.” Keep your business model flexible: “Being able to identify opportunities and adapt to them quickly is crucial. During the pandemic, we were incredibly busy with PPE production, but we had to be ready to adapt again when that demand changed.”
Build strong banking relationships early: “Regular communication with your financial team is essential. We meet quarterly with TD Bank to ensure our strategy stays aligned with our growth plans.”
Gabrielle shared key lessons for other small business owners looking to expand:
