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If you are
looking to expand your business, Tailors is the
place for you. Strategically, you can go for several
types of expansion:
Geographical: you can move to new geographies
in order to grow your sales, e.g.
a Greek tiles manufactures enters to the Turkish
market. |
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Vertical:
you can expand backwards or forward in your market's
value chain, e.g.
a paints factory expands backwards if it is also
produces a raw materials for paints. It expands
forward if it opens retail paint stores. |
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Horizontal:
you can expand horizontally in your sector, e.g.
a well known furniture manufacturer buys out a smaller,
but uprising rival with similar product lines. |
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Network
building: you can expand by building a better
network, either on your own or through franchise,
collaborations, shop-in shop etc. |
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New product
development: you can also expand by finding
and developing the right new products for your sector
and/or clients. |
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These products
or services can be supplementary to your existing
ones or they can be
totally new ones. |
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Here at Tailors,
we will help you to expand your business with safety
and high yield
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