What methods do you utilize for business expansion?

[mortodellas]

What methods do you utilize for business expansion? 

[deriklad]

Diversification involves entering entirely new markets with new products. This can be a high-risk, high-reward strategy that requires significant investment and innovation.   Expanding into markets or products that are closely related to your current business  - e.g., a clothing retailer adding accessories.  Or Entering entirely different industries  - e.g., a food company venturing into technology.

[astalikog]

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