According to the article, Business expansion is the attempt of a company to grow the size of its business. It aims to increase the scale of operations. Thus, the company can generate more money.
The article focuses on the following topics:
- Importance of business expansion
- Measure business growth
- Types of business expansion
- Internal growth
- External growth
- Advantages and disadvantages of a business expansion strategy
- Internal growth advantages and disadvantages
- Advantages and disadvantages of external growth
- Risks of business expansion
