Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[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??

 

[Josemendez]

You guys are right but in your opinion which is more easier in terms of financial implication and technicalities to expand between online and offline busineses?

I believe the answer to this question lies on how successful the online or offline business is . If an online business is moving well and only have the challenge of having enough manpower to take care of queries , then expanding it through employing more manpower is reasonable but if the online business had little engagements , what then is the need for putting more money on it ?

 

[Amatullah]

Advertising and online marketing of your goods and services provides widespread knowledge of your business to people.
Affiliates can also help in promoting your businesses on their sites to.

 

[Brain]

Advertising and online marketing of your goods and services provides widespread knowledge of your business to people.
Affiliates can also help in promoting your businesses on their sites to.

Wide spread of one's business can also comes from referrals which I believe it morr believable. A lot of this will happen from good services or products. So it good to produce quality goods or services

 

[tray59]

It's is needful that as the business grow, you also expand it to be able to meet up with the current demand, for instance if you are into production, when you have more customers you must also increase the rate of production, this involve adding more funds to expand, creating more awareness, going digital

Yes as the business grow you also need to expand it to project the business to the next level,creating more awareness is also one of the way to do that,you can also reinvest your profit to make more money,spending some money on advertising is one of the way to improve the quality of your business.

 

[infinitytech]

Yes as the business grow you also need to expand it to project the business to the next level,creating more awareness is also one of the way to do that,you can also reinvest your profit to make more money,spending some money on advertising is one of the way to improve the quality of your business.

To increase you profitability scale,reinvestment is very necessary in your business,else you'll lack proper infrastructural development!

 

[Rollerkid]

Advertising and online marketing of your goods and services provides widespread knowledge of your business to people.
Affiliates can also help in promoting your businesses on their sites to.

Marketing is the back bone of every business. No matter how bad the business but marketing can improve it, all you need to do is to find a good marketer.

 

[Wisdom01]

It's is needful that as the business grow, you also expand it to be able to meet up with the current demand, for instance if you are into production, when you have more customers you must also increase the rate of production, this involve adding more funds to expand, creating more awareness, going digital

True i think you are right , but most people dont actually see that i think because their first aim is just to make only profit , without considering the risk involved and others

 

[gammarays]

I think the easiest method of expanding a start-up business is by ploughing back your traffic into improving your services and business portfolio. It will take discipline and time to achieve this.

 

[CrazySher]

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??

Ok if ypu want to expand your business then you have to upgrade with time an d apply modern methods and ideas to it.
And create a good relationship.

 

[Wisdom01]

Ok if ypu want to expand your business then you have to upgrade with time an d apply modern methods and ideas to it.
And create a good relationship.

Yeah but most people apply modern methods and still fail , if the methods arent well applied i think that might be a very big issue that's it

 

[tray59]

Ok if ypu want to expand your business then you have to upgrade with time an d apply modern methods and ideas to it.
And create a good relationship.

Yea the concept of applying modern idea to it is very important,you also need to recycle your profit to earn more,sometime you need to sake the help of a mentor who can guide you on how to become successful in that business field.

 

[Brain]

Ok if ypu want to expand your business then you have to upgrade with time an d apply modern methods and ideas to it.
And create a good relationship.

Yes, times come with new ideas and methods of doing new things. So I totally support your idea. A business will stsnd the test of time with modern ideas and way of doing things

 

[chicnthin]

If you have an offline business, you expand it by adding an online presence. Have a website or a social media page and let them order through online. You can also offer delivery.

 

[Kinglegend01]

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??

Expanding an existing business is s big step and a big hurdle to cross over. Sure everybody wants to make their business bigger and more rewarding.i think 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 try more advertising and taking on more business opportunities.

 

[sagefave]

It actually depends on the nature of the business and the demand for its products and/or services.
A retail business can establish a new outlet and duplicate the success of the first outlet.
While a manufacturing business can increase units produced.

 

[MRizwan530]

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??

According to my opinion the expand of any business should be in the form of branches you should make another branch of your business in another place from the previous place.

 

[sammyblaq]

Consistency is the keyword there.
Despite the ups and downs that you might be experiencing in the system, be consistent.
Build up a target and lay focused to it.
Never cut down on quality when the demand gets high.

 

[mcjerry001]

I every business, there is one way to expand the business. And that is creating awareness. What I mean by that is letting people know about your business. Making advert of your business

 

[Wisdom01]

I think another ways to expand your business is that you could actually move more into marketing your product and find ways to increase your profit

 

[Bushbaby7]

This would depend largely on the business and your vision for it. You'd have to look at your business, your aspirations for it and the amount of money you have to make that happen. You also have to consider the viability of such a development. Above that, you need to observe emerging trends within your space and marry all of that with those.