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WE CAN MAKE YOUR BUSINESS GROW
ISG GUIDE TO BUSINESS EXPANSION
EXPAND YOUR BUSINESS
When you own a small African business that
performs well, there will eventually become
a point when you begin to wonder about how
to expand your business. There are pros
and cons to the concept, but the advantages
and benefits received from expansion may
be far greater.
PERSONELL EXTENSION
One obvious advantage to expanding a
business is the chance to hire new qualified
people. Proper new staff often brings in a
fresh perspective of things and a new level
of excellence in their performing fields.
Because it is the people and team spirit that
contribute to the well-being of an
organization, the participation of their
expertise is a much important asset of
expertise and unity for the company.
LARGER CUSTOMER BASE
A core benefit of business expansion is the
ability to attract and retain new customers.
When you add new products to your portfolio
or venture into new markets, you can access
previously untapped customer markets.
Achieving a loyal customer base is the best
way to maintain stable and growing profits
over time.
FINANCE OPPORTUNITIES
The successes of business expansion will
put the company into a positive light with
investors. This eases up the process of
acquiring future capital. Expansion finance
is therefore crucial to a future access of
funding. Once a company has successfully
completed this stage and is a healthy
performing player in its industry, that is
comfortable operating on a larger scale,
there is typically little to no problem in
finding additional capital.
RELOCATION POSSIBILITIES
When expanding a business you might be
presented with the possibility of relocation.
This could either mean local expansion or
going global. There are tax incentives
offered by various states to companies that
bring new business enterprising to their
area. One should consider the beneficiaries
of such a scheme. Also to be taken into
consideration should be access to suppliers
and other factors that make a location easy
accessible for optimization purposes.
2. Website: www.isgprojectfinancing.com
ISG – YOUR GUIDE TO LARGER BUSINESS
REDUCING COSTS
Where enterprises grow, business
processes are separated from each other
and professionalized. This will develop
independent targets, management and skills
to gain in performance and efficiency.
An initial investment may therefore bring in
higher income but also cuts costs when it
comes to losses by lack of streamlined
processes.
HOW TO GUIDE
To rationalize bigger business rewards you
have to tune up your business plan. This
means updates of spreadsheets, recrafting
your marketing plan and strategizing an
expansion implementation plan to get the
proper financing done.
Start with maximizing your cash flow and
negotiate better terms. Think about new
equity, new commitments and management
enlargement. Then consider filling up the
shortages with debt capital against fair
percentages.
When you are an established business with
a good concept that makes you profitable for
expansion capital. With the right approach
you can make it happen.
Perhaps you don't have to figure it all out
from scratch. Look to another business for
best practices and draw on knowledge of
others that offer this particular expertise.
ISG can be the partner you are looking
for. We possess the experience and the
knowledge that you may require for your
expansion. If your company is a small
profitable business from Africa that
aspires growth, and you have a viable
business concept, we can provide you
with our services of finding the right
financial sources for your application.
CONSIDERATIONS
The only time expanding a business can
cause issues is when companies are not
ready for the challenges of growth. It is
required that the company measures an
eyed expansion to profitability instead of
their sales growth level. To implement this
on a proper basis business owners should
review the return on investment from an
expansion periodically. Increasing
profitability should be the target here. In
addition to the above there should be a
defining reason for the expansion, such as
entering into one or more profitable market
segments that show potential.
WHAT WE DO
ISG wants to introduce you to our
specifically developed expansion program.
An application starts with a screening of
your company.
CONTACT US THROUGH ANY OF OUR
CHANNELS FOR AN APPLICATION OR
MORE INFORMATION.