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Mitchell Kaplan featured in Smart CEO Philadelphia’s October Edition

October 7, 2010

In the October edition, Smart CEO featured some of Philadelphia’s most innovative CEOs on the subject of expansion and growth. CEO’s were asked, “How do you know when it’s time to expand your business?”. Zarwin, Baum’s managing shareholder, Mitchell Kaplan, quotes, “You don’t want to grow for just growth’s sake. You want to grow intelligently. Growth requires an assessment of risk, and if you were taking on an opportunity for growth, you need to assess the length of time that the growth is going to occur. You don’t want a long-term commitment for a short-term growth. When an opportunity arises, try to share that risk. If you bring on new individuals, you may want to place some of that income on a contingent basis, based upon the ability to bring in the new business.”

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