Looking at ways to expand your business?
To get more from your business, you have to put in more.
Conventionally, growing a business means employing more people, adding a whole lot of overhead (their salaries, office space, desks, insurance, another employee whose job is to look after the new employees) in the process – before you see any return.
Another way to grow a business is to merge with or aquire other businesses in the same field (more overheads – plus the headache of getting different systems, processes and cultures to work together). Again, that means it can be a long time before you see the return.
Or you grow your business by literally making more of it – creating copies for someone else to buy and run. In other words franchise it or license it.