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Generally because they want to make more money or better serve existing clients.
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∙ 10y ago
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What business opportunities are available in these tough times?
If someone is already a business owner, they may want to purchase smaller businesses. With the smaller businesses, they can expand their own company. This creates a monopoly and, in turn, creates more income for said business.
Why a sole trader have to take partner?
A sole trader may take on a partner if he decides to expand his business. Say if a sole trader in electronics believes that there is room in his business for growth and wants to expand but is not sure what to do, then he may go out and look for a partner to help him expand and run the business with him. Partnerships share both the profits and losses with each other whilst running the business.
What is an economic system in which business leaders use profits to expand their companies?
Industrial Capitalism
Why firms do not want to expand internatiOnally?
economic and political risks
Discuss the environments in which a business operates?
i want to know the environments in which a business operates i want to know the environments in which a business operates i want to know the environments in which a business operates
Why business manager might set as growth as a business objective?
The managers might do this to expand their business into a worldwide organisation making him and all his employees famous but they would most importantly get a massive increase in profit.
What are the risks in business expansion?
Personal, business, and competitive risks may occur when one wants to expand their business. These are just a few problems one might run into when expanding their business.
Do you need to study Business Studies if you might want to start a business?
Not really. The information in business studies is good though if you want to do it properly and it helps you understand business more. But in certain areas it might not be that important. It really does depend on what kind of business you want to have.
Two reasons why a business would expand?
1. because the business has something that people want to buy 2 . because the business sells their product at a fair price
Why would a business want to expand it's product line?
To make people aware of the products that the company sell.
Where Can I Use My Cash Advance?
You can spend your cash advance in any manner you want to expand your business. Your lender looks forward to the continued success and growth of your business!
What might southern goveror do if he or she wants business to move?
A southern governor might offer a company a tax break if you want business to move.
How will an internet marketing service help my business?
An internet marketing service will promote your business on the internet, to customers that you might not reach through other means, which can globally expand your client base.
How can you expand your business to incorporate outbound tourism?
Study the sample almanac entry on page 9. If you were a business owner planning to expand internationally, which three pieces of data would you rely on most to select a country in which to do business? Why?
Explain under what circumstances a business owner might also be a business manager?
i dont know the answer but i want to know that.how do i get it.
What kind of work does a professinal SEO company do?
A crafty entrepreneur might hire an SEO company to help his or her business gain first-page rankings in engines. Its not a necceary thing to do to expand thier business.
What are the advantages of cost volume profit analysis?
One advantage of cost volume profit analysis is so that businesses can plan for the future. A business might be wanting to expand, but if the profit margin is too low, they may have to wait to expand.
