Tag: Business Expansion

Should you look at expanding the business or instead reduce costs to improve margins? Here are key things to think about when deciding…

Byline: David Link, CEO & Founder of Verrency Overseas expansion is often considered for homegrown companies looking to increase their revenue and customer base. While the lure of international expansion can be promising, it is no easy path in understanding a new environment and also being able to upscale existing operations. Your capital and human […]

Any traveller will appreciate what ‘culture shock’ feels like; that moment when we first set foot in an unfamiliar civilisation and realisation suddenly strikes: Our understanding of social cues, customs, behaviour, and communication have suddenly become defunct. These are our social navigation tools – tools we take for granted – until they’re no longer there […]

Small business failure rates are alarming – or so we are told. Along every avenue of research an enthusiastic entrepreneur will take, their spark, at some point, will be doused by bold assertions: “8 Out of 10 entrepreneurs who start businesses fail within the first 18 months” (www.forbes.com). For anyone in the throes of a […]

According to the Small Business Development Corporation of Western Australia (WA), where Brooks Hire has been based for over 35 years, small businesses represent 97% of all businesses in WA. Operating across a broad range of industries, from manufacturing and business services to retail, transport and more, small businesses are crucial to the state of […]

Infrastructure development remains the launch pad Africa needs to kickstart the economic transformation it desperately needs. And these are opportunities for foreign investors.

Breaking into a new market involves months, sometimes years, of planning. It involves a lot of research, time and energy and like anything in business, preparation and homework can prove the difference between success and failure.

Expanding globally can be a great way to grow your franchise business, but its no easy ride.

The primal instinct of any business owner is successful business growth. The reality is few business expansions ever reach regional, national and international levels. Why? How can you grow your business? The combination of focus on the value proposition, target customer and a sustainable business model is not sufficient nor considered enough to produce the […]