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When are you supposed to open a branch for your business?
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[QUOTE="Suba, post: 279809, member: 3658"] To open a branch business, of course, you must have planned it carefully, including making an estimate of the required capital, estimated expenses and income for the new branch and business risks. and of course you also need to research the location whether it will suit your branch business, prepare new strategies and innovations. So basically you have to have a clear goal to open a branch business in a new place/city as you can meet the demands of more and more customers, and create new markets. Before opening a new branch business, you also have to make sure that the main business has been running smoothly and has been stable. Make sure when allocating costs and capital to a new branch business, the main business does not sway or is financially disturbed. Finally, do promotions effectively and the easiest way is to notify all customers that a new branch of business will be opened, either via Whatsapp, social media or verbally. [/QUOTE]
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When are you supposed to open a branch for your business?
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