Developing A Small Business Plan

Developing A Small Business Plan-21
For example, Express Personnel (now called Express Employment Professionals), a staffing business that began in Oklahoma City quickly opened offices around the country via a franchising model. This growth strategy involves pursuing customers in a different way such as, for example, selling your products online.

For example, Express Personnel (now called Express Employment Professionals), a staffing business that began in Oklahoma City quickly opened offices around the country via a franchising model. This growth strategy involves pursuing customers in a different way such as, for example, selling your products online.Eventually, the company offered employment staffing services in some 588 different locations, and the company became the fifth-largest staffing business in the U. When Apple added its retail division, it was also adopting an Alternative Channel strategy.Apa research paper order Research paper on vaccines and autism outline critical thinking strategies in the classroom games sample coffee shops business plan literature review psychology, rj45 pin assignment wiki business projection five year plan template trail of tears essays what is a close reading essay examples.

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"But I couldn't find one about how to maintain fast-growth over the long-term.

So I studied the companies who had done it to learn their lessons." What follows are some of the lessons Mc Farland learned from his study of the breakthrough companies and how they can help you create a growth strategy of your own.

The next rung up the ladder is to devise a way to sell more of your current product to an adjacent market-;offering your product or service to customers in another city or state, for example.

Mc Farland points out that many of the great fast-growing companies of the past few decades relied on Market Development as their main growth strategy.

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They are: The least risky growth strategy for any business is to simply sell more of its current product to its current customers-;a strategy perfected by large consumer goods companies, says Mc Farland.

Think of how you might buy a six-pack of beverages, then a 12-pack, and then a case.

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