Increasing business size

HideShow resource information
View mindmap
  • Why owners may want to expand their business
    • Profits - When a business grows, it's profits may increase.
    • Increase in market share - This will increase the reputation and enable the business to grow faster, more easily.
    • Greater power to control the market - Larger businesses can set the price for other businesses to follow and makes them more powerful and at a considerable advantage.
    • Protection from the risk of takeover - The larger the company, the more difficult and expensive it is for a takeover.


No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Increasing business size resources »