Business Expansion is a business strategy during growth is attained by increasing how many stores in which customers can obtain a company’s services and products. Unlike relocation, business expansion entails opening up new stores in several physical locations although still maintaining the current business locations. Business organizations mention business expansion usually if the company is achieving a lot in its original field of company. Business expansion is starting a new branch using some other city, starting the operations in the new domain, raising the employee toughness, implementing new technological or acquisition of another organization in a related field or inside the same field.
Advantage and Disadvantage of Business Expansion
