When A Clinical Research Site Should Expand With Another Site

It is natural for companies to want to expand.  I believe that we as entrepreneurs are always looking for ways to increase our market share.  Unfortunately, too many research clinics try to grow too big too quickly, and we end up with failed companies.  I have countless viewers that email me that they would like to launch their own Site Management Organization (SMO).  Not only do SMO's have bad reputations, it is my personal opinion that you should start off with one clinic and only expand when you have to, or when the market dictates.  In this video I answer a viewer question in regards to their site expanding out of necessity-they simply ran out of real estate in their existing office.  I go through some of the challenges, and explain how to perhaps make the process a bit easier.  Let me know your thoughts.

 

 

Comment