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[Brain]

One thing is to have a business,another hurdle to cross is to make it big, expand it and make it maybe into a conglomerate. What are the right steps to take and be sure of making a success of it??

 

[Nour Moh]

it depends on the business you have. for instance, if you have an offline business, you can expand it to be online. and if you have one online channel, you can have different ones as well.

 

[SCAMEXPOSER]

The time for the expansion of a business depends on the owner of the business or the rate of turnover of the business. If you've made success in the primer stage then invest more to expand your business which simultaneously expand your market, sales and profit.

 

[Mbwolf]

if it's an offline business you should go online directly
and by Online I mean digital social media
because the future of business is there and the competition is getting harder and harder

 

[Reznov]

Quality will make your business bigger and let clients advertise for you, because once someone finds out about good quality things, he will tell his friends and the friends will tell their friends etc ....

 

[Mbwolf]

Quality will make your business bigger and let clients advertise for you, because once someone finds out about good quality things, he will tell his friends and the friends will tell their friends etc ....

that's so real to be honest this is what Jeff bezos said before " The power of mouth " is the best marketing strategy you can have for your business

 

[Reznov]

that's so real to be honest this is what Jeff bezos said before " The power of mouth " is the best marketing strategy you can have for your business

That's true, it's easy to convince the majority, and like a teacher used to tell me, people are selling words and getting paid for it, the both of the quotes match well

 

[a_jerobon]

Quality will make your business bigger and let clients advertise for you, because once someone finds out about good quality things, he will tell his friends and the friends will tell their friends etc ....

That is so true. Providing quality goods and services iincreases your market value. With many customers, it becomes easier to expand your business. This will need that you have enough stock and it could mean opening another store in a place that is convenient for other customers.

 

[SCAMEXPOSER]

That's true, it's easy to convince the majority, and like a teacher used to tell me, people are selling words and getting paid for it, the both of the quotes match well

You are damn right, some orators get money from talking busineses, they are invited to give speech and they are well paid not for anything but for just perfect and impactful talk.

 

[SCAMEXPOSER]

yes i believe you... and in addition try to write more review about your bussiness online so that people can get to know how it wotks and if it is offline try and understand audience...and your environment.. Know what they need and what they dony need

If the reviews already existed the best is to keep updating the review as things keep unfolding to fit into market. When your reviews are rich people will always be ready to read more of it.

 

[Balint098]

Keep selling consistent quality product/service, use ads to reach even more customers, improve brand awareness, outdo your competitor. There's a lot of ways to do that.

 

[SCAMEXPOSER]

Enquiries with partners in business should be done before taking expansion into consideration. If a sole proprietorship business. Enquiries should be done with customers. This way one can know if it is better to expand or not.

I don't consulting the customers will be needed before expanding any business because the forces of demand of your products or services will inform your decision to expand or not.

 

[SCAMEXPOSER]

there are certain businesses that has been modified or expanded that has led to inconveniences to the customer, it is more or less like an app you have was updated and some features did not suit your taste, it is not necessarily needed but it is something that should be done to stay safe.

Most of the updates you see in apps are bases on surveys carry out to know what's needed next by the subscribers. The increase in demand is already a customer feed back indicating you to expand without been told.

 

[Wisdom01]

I think increasing your marketing strategy and also the product quality you are selling to the market , have ways of impacting into your business line thats it

 

[Saintricks]

I think what is just needed for a business that has already gain it's ground is dynamism, add something new like tapping into new sales and delivery channel, attend networking events and also host events. Look for new opportunities, with this you will definitely satisfy your customers

 

[Rassy011]

Before you think of expanding your business means that your business must have been successful to some extent in your niche, you can take a loan to expand your business or look for investors to invest in your business.

 

[Chubbi]

Expanding a business different things need to be consider, at first need to consider the growth the environment demand of the people. Partnership can also be a good way of expanding a business.

 

[bitcao]

If you have a business that is already doing well, duplicate what you already do.

 

[Josemendez]

One thing is to have a business,another hurdle to cross is to make it big, expand it and make it maybe into a conglomerate. What are the right steps to take and be sure of making a success of it??

First important thing to be considered before expanding a business , is if the business needs to be expanded ?. If you are able to manage the current size of the business and still maximize your gain , there is no need expanding.

 

[tray59]

Business expansion is the most important thing in business,to expand your business you need promotional tools like advertising your business for people to see,this will help showcase and bring a good number of people to your business lane and help expand your existing business