Best ways to expand a business

[Niyi Briggs]

You expand by gradually increasing your capacity. If you were operating at a capacity of 100 units, you can just aim to push it to 130 and move gradually from there on.

 

[Bisolami]

You are right about this. We just love to copy and that's why we fail alot when it comes to a new business

The annoying part of it is that everyone is blessed with something that we can do so we should just face it instead of copying other people

 

[cherry123]

Exactly it will need one to go for what they can conveniently do. What they have passion for

 

[Bisolami]

Exactly it will need one to go for what they can conveniently do. What they have passion for

One thing I noticed is that if you have passion for something even if it feels tiring and you stop, something we still draw you back to it because it is what you love to do

 

[Stardom22]

The best way is to increasing the productivity. Once the production is high the other things can just unfold themselves

 

[Bisolami]

The best way is to increasing the productivity. Once the production is high the other things can just unfold themselves

But before high production we need to make sure that we have customers on ground to sell the products too so that they don't spoil

 

[Golden9]

To expand your business, it's easier to increase production before increasing workers or capital to it. You should also ensure that there is enough demand before expansion.

 

[Bisolami]

To expand your business, it's easier to increase production before increasing workers or capital to it. You should also ensure that there is enough demand before expansion.

You are right and I think what you are saying in a nutshell is that the person should expand every activity he does so that his business will also expand

 

[uptrendfinancialsignal]

The best ways to expand your business is to involve lots of marketing campaign.

Post automatically merged: Mar 3, 2023

The best ways to expand a business is by engaging in marketing campaign.

 

[Niyi Briggs]

Another way to expand your business is by increasing your capacity. Expand the capacity of your plants and produce more. Of course, that is after creating a market for the expansion.

 

[cherry123]

You can do the expansion by increasing the productivity of the business. Once the production is high others things will fall in place

 

[astutimeliana723]

The best way to expand your business is to expand your market reach by applying the right marketing techniques, adding products sold, improving product quality, opening branches in other areas, and so on.

 

[cherry123]

it is always the best to expand gheb market reach by applying the right marketing techniques, The technique will help with improving product quality and making customers to buy more products

 

[Stardom22]

For me I think the best ways to expand the business depends on the nature of the entire business. For the shops it's just easier to open another branch. For other businesses another thing must be done to expand the business altogether.

 

[MANASHA]

How best can one expand a business. Do one increase the product capacity or employ more hands to increase productivity. What do you think will bring rapid growth to thd business?

Expanding a business can be a complex process that requires careful planning and consideration of various factors. One of the most important decisions to make when expanding a business is whether to increase product capacity or employ more people to increase productivity.

In general, both approaches can be effective for achieving growth, but the best strategy will depend on the specific circumstances of the business. If the business is already operating at full capacity and there is a high demand for its products or services, increasing product capacity may be the best way to meet the growing demand and maximize profits.

 

[Chibson]

You are right about this. We just love to copy and that's why we fail alot when it comes to a new business

Going into a business because someone else is doing it is actually not advisable because you may not be able to succeed. I think it is the major reason a lot of people end up not being successful in their business.

 

[cherry123]

Exactly, I don't know why people do this. Going into a business because someone else is doing it is actually not right you need to search yourself and know where you succeed.

 

[Magnus2022]

It depends on the nature of the business. If the business is production oriented, it will be better to start expanding by employing more hands. If is a service related, you can start expanding offices before employing staffs. Therefore, the best way to expand depends on the business model