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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??

 

[GoldenLady]

You must first know how well you are managing the business.

Then ask if the business needs to be expanded, if there is enough market to make sufficient returns after expansion.

 

[Ibomgold]

One thing is to own a business, another thing is to maintain your business. Apart from giving your customers good and quality products, you must also be honest, treat your customers with respect and dignity and they will be the ones to promote your business through word of mouth, when your business is promoted you will have more customers and more sells and then you will think of expanding your business if possible open another branch or add more product to your goods

 

[Felixko]

Business expansion is a good thing one need to exhibit his or her business product

 

[Niftyicon]

It is important to ensure that the business is thriving well enough before thinking of expansion. Is the business able to take care of all its expenditures and still yield profits? With satisfactory answers, you have to determine if your expansion would be to the business in its present location or to other different locations.

 

[BullyMaguire]

For me by compounding your profits and turn everything into your capital. Keep adding until your business is bug enough to have another branch

 

[Joy101]

To expend your business you need to make a good plan before starting the business, you need to sell quality products advertise your business so to see by people to get more customers in your business.

 

[Irfan Aslam]

The time to grow a company depends on the shareholders or the turnover rate of the company. If you succeed at the first level, spend more in expanding your company and expanding your business, revenue and benefit at the same time.

 

[Bolajisam]

For a business to be expand, that mean such business would have been a well develop business which show the need for expansion. In such a way the owner of the business need to look at the area where the business need to be expand, it could be in the area of product, or man power, or branches or salary of the workers or advertisement, etc.

 

[achawaskey]

First of all you have focus on a particular business your good at or your doing, look at your customers or consumers demographic and see if you can expand to that area.

 

[Jimmie150]

I feel the right way to expand an existing business has to be by consistency in what ever has been keep the business going till date and also by investing into the business.

 

[Neta Sam]

The right way to expand a business is to look at the Goal or purpose of the business, are you achieving the purpose? If not how do you achieve the purpose? When you get your answer, then you can also go for conferences that will expand your capacity.

 

[Kunkun]

Opening another branch can count as growth too, so one can build on an existing business when I e improves on ones products, complaints attended to and solved, it's all about the customers

 

[Kimetsu18]

Having the right people within the organisation, the key to achieving this is having the right people and enough capital to expand the business. When the business is growing you start to think of ways to make the business more efficient.

 

[a_jerobon]

Partnership can also be a good way of expanding a business.

Partnership is truly one of the good ways of starting a business, especially if you started it alone. Bringing in partners will help expand it more in terms of more capital and new ideas.

 

[Yewande]

if it's an offline business you should go online and create a presence for your business. Make strong awareness directly. What I mean by online is make use of social media platforms.

 

[Franca01]

Business can be expanded in many ways so far as the business is already existing and being lucrative . one can expand it if is offline business through by ensuring an online one in addition to get online customers, by advertising on line and doing posters and flyers to get more customers .

 

[Binita100]

One best medium is to make use of different social channels , advertise with them and keep your customers update about your product and also get new customers

 

[a_jerobon]

One best medium is to make use of different social channels , advertise with them and keep your customers update about your product and also get new customers

Yeah, business expands so well when you have an online presence and good social media marketting. This way, you keep getting an in flow of customers who are ready to patronize you.

 

[Binita100]

Yeah, business expands so well when you have an online presence and good social media marketting. This way, you keep getting an in flow of customers who are ready to patronize you.

Correct that is the reason a lot of people tries to put an online presence for their business , this virus or pamdemic issues made lot of people learn some lesson

 

[sh199]

You should try social media marketing if your business is online-based but if your business is in real life then you should follow some traditional marketing tips and make your products or service more reliable to make happy customers. Mouth to mouth marketing is the best for a business outreach.