A business can implement several strategies to increase its locations. These include franchising, where the business allows others to operate under its brand in exchange for a fee. Another strategy is partnerships or collaborations with other businesses. This can help a business expand its reach without the need for significant capital investment. Mergers and acquisitions are also a common strategy for business expansion. Lastly, a business can also consider opening new branches in areas where there is a high demand for its products or services.
Do you feel trapped to outdo competitors? Better strategies can build a stronger defense against com...
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