When is the right time to consider new products and markets?
What are the risks associated with expansion?
How do we project manage growth through acquisition?
Do we have the right resource and infrastructure to service growth?
Some of the challenges faced may include:
Need assistance? We can help!
Your business has transformed from good to great, with everything running smoothly.
Customers are thrilled, and feedback on your products and services is glowing.
But now you’re wondering what’s next?
BDO offers comprehensive support to clients across various disciplines. While our brand is renowned for delivering exceptional audit and tax services, we also provide advisory and outsourced services that enable management to concentrate on business operations and achieve company success.
The following information covers the Expansion phase:
Sales continue to grow but at a slower rate due to market saturation or increased competition.
The business may diversify its offerings or enter new markets to maintain growth.
Support may be needed with identifying the risks of expansion and how to be resilient during a time of uncertainty.
Growth has slowed, and you’re considering expansion, especially since a competitor is hinting at acquisition. But how?
