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Business strategy
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[QUOTE="Etini, post: 280046, member: 90141"] I keep on sounding it very loud that it is not in opening many branches but in being able to have people that would manage the branches effectively and efficiently. Else you might spend money on opening branches that would end up not being effective in the long run thereby rendering the capital used in opening the branches wasted. As good as opening branches sounds and with all the advantages you highlighted in your post, an entrepreneur should be committed to raising leaders before he/ she ventures into opening branches. These managers would now go on and manage the branches effectively so that the effort and investment can yield results. I know of so many organizations that delved into opening branches here and there just because they had the money. Most of those branches are not in existence today just because of a lack of capable hands to run them. Investing in raising leaders is the prerequisite for opening branches. [/QUOTE]
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