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Strategies for Successful Business Growth

Learn how to achieve business growth through market penetration, vertical integration, and diversification. Understand the challenges growth brings, such as funding, hiring, and recordkeeping. Discover practical tips to make your business grow sustainably.

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Strategies for Successful Business Growth

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  1. Entrepreneurship Mr. Bernstein Making Your Business Grow, pp 495-507 June 5, 2014

  2. EntrepreneurshipMr. Bernstein Growth Strategies Market penetration: Stealing market share Vertical Integration: Buying vendor or distributor Diversification: Adding complimentary product lines Growth will likely require additional funding Growth will likely require new hiring Growth will likely require expanded recordkeeping

  3. EntrepreneurshipMr. Bernstein Challenges of Growth Growth will likely require additional funding Growth will likely require new hiring Growth will likely require expanded recordkeeping

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