Right now, few small businesses feel confident enough to make the leap, according to the National Federation of Independent Business.
In the organization's most recent small-business economic trends survey, only 9 percent of small-business owners said now is a good time to expand, a number that is historically low.
"The biggest problem is finding [expansion] opportunities because the economy is sluggish and [small-business owners] just aren't confident that the economy will improve enough for them to bet their own money on possible expansion opportunities," said Holly Wade, NFIB's director of research, in an interview last year.
She attributed this sentiment to the high levels of uncertainty in the U.S. economy.
Despite the lack of confidence, small businesses must remember that they "are the R&D department of the U.S. economy" and that they have a unique ability to take advantage of market opportunities, Wade said.
She suggested businesses find a financial advisor to help navigate and provide resources to a family business as a good first step to take in seeking out those opportunities.
"[Small-business owners] hold many hats and run most aspects of their business. They can't afford to delegate all the different components to departments that large companies are able to take advantage of," she said.