Strategy
8. Diversify your products or services.
Diversifica on in products and services is interes ng way to empower growth. Package the products.
Simply think of a burger or pizza is available with sauce and chilli flakes and cold drinks. Or, a restaurant
serves meal with pickle and 'papad' and 'chutney'.
9. Franchising.
Franchising is good way to grow your business. It may not be possible to directly reach the customers
to create brand of your product or services and go for franchising model.
To conclude, there is no op on to let your business grow. The above ways are not exhaus ve but there
are ways possible to achieve that depending upon the nature of product/services and business model.
www.Venture-Care.com/Magazine
October 2017
22