How can business grow?

Answer 1

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Answer 2

There are many ways to grow your business:

1) Open another location: If your current business is under control, then considering by expanding by the new location.

2) License your product: whether you have service product or brand product, licensing minimizes your risk and it is a low cost in comparison to price of starting your new company to sell their product or brand. To find a licensing partner, start searching a company which sells products similar to yours.

3) Diversity: It is very good strategy for growth. It provides you to have multiple streams of income.

likewise:

-> Sell complementary products or services

-> Import or export yours or others' products

4) Target other market: Determine that, are there other markets using your product or not. target them as per your need.

5) Expand to the internet: Landing your website in search engine results more traffic comes via search engine