Profit Growth - If the company is still controlled by its owners (as with most family-owned private limited companies) profit will still be a main aim. Profit will be used to pay dividends to shareholderrs and invest back in the company to achieve futher growth.
Increasing Market Share - Once a business has survived after the first risky years, the owners/directors cans start to focus on increasing market share. This will:
- increase the status and reputation of the business.
- give the business more power over retailers and suppliers.
- give the firm more control over prices and…