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Business strategy
Factors to consider when expanding business to another location.
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[QUOTE="Etini, post: 333274, member: 90141"] Every thriving business seeks to grow and expand to other locations as time goes on. In as much as it is good to expand a business, there are certain factors one must check to know if the new proposed location would be Ideal for the business. 1) Political Stability: You cannot take away business from the political situation of a place. It is from there that security and infrastructure are guaranteed. A politically stable location would always have a thriving economy which would make businesses to thrive there. 2) Local Market Terrain: The prevailing market terrain around a particular geographical location would affect if your business would thrive in that location. Some business terrains require that a business should be part of a union to sell in a particular place. These two factors must be critically considered before expanding your business from your base to another location. [/QUOTE]
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Factors to consider when expanding business to another location.
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