How Small Business Can Increase Financial Success

Not all small businesses are destined to stay small forever. Some will evolve into bigger entities through mergers and acquisitions. The author spoke with David Gomberg, president and publisher of New York-headquartered Seven Footer Press, a four-person company, about how to go about expanding a small business effectively. Gomberg grew his company after discovering Lazoo, a small business based in Japan, that creates imaginative coloring and activity books. He and his partners licensed the intellectual property rights for resale of Lazoo's works in the United States and Europe.