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Growth & Expansion Most companies have plans t o grow t heir business and increase sales and profit s. However, t here are cert ain met hods companies must use for implement ing a growt h st rat egy. The met hod a company uses t o expand it s business is largely cont ingent upon it s financial sit uat ion and t he compet it ion. Some common growt h st rat egies in business include market penet rat ion, market expansion, product expansion, diversificat ion and acquisit ion. In business, growt h is mandat ory. We help companies t o reach t heir full pot ent ial in t heir core business. Here are t he common Growt h St rat egies we can define and implement wit h you:
Market Penetration Strategy – Existing product within an existing