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Business Ideas Forum
Ways to Expand From Small Scale to Large Scale Business.
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[QUOTE="btaliat, post: 242935, member: 26390"] The aim of every business owner is to enlarge their coast. They all want to make sure their business moves from being a small scale to a bigger one. They can however make sure those things are achieved by doing the following: Sourcing for more capital. When we have much money, we are sure that we can really expand our business. That is why some business owner make sure they even obtain loans just to expand their business. The more capital, the more chance of moving the business from a small scale to large scale business. Re investment of profit: when we make profit as a small scale business owner, we don't need to start saving the money but we need to be reinvesting the money. This will lead to the expansion of such a business. But the mistake most people make is to be spending or even saving their profit. Being customer oriented: when a business owner focused more on the customers, there is no way there won't be more patronage. So we should make sure that we satisfy what our customers really need. This will make us to have ire customers and have the urge to increase our business to food with the more customers. [/QUOTE]
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