Services
01. Business Expansion
Business Restructuring
A well managed business will still run into trouble from time to time. Therefore, on discovery, you should turn to us immediately for timely intervention to safeguard your interests or businesses. The sooner we identify the problems, the greater the range of financial strategic options will be available to you. Working within the legal framework and closely with our Management Consulting Division, we help you to achieve the most realistic objectives.
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We call our work "bending the curve" because it aims to halt a downward trend in profitability and return your business to growth
Market Penetration Strategy
One growth strategy in business is market penetration. A small company uses a market penetration strategy when it decides to market existing products within the same market it has been using. The only way to grow using existing products and markets is to increase market share, according to small business experts. Market share is the percent of unit and dollar sales a company holds within a certain market vs. all other competitors.
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One way to increase market share is by lowering prices. For example, in markets where there is little differentiation among products, a lower price may help a company increase its share of the market.
Market Expansion or Development
A market expansion growth strategy, often called market development, entails selling current products in a new market. There several reasons why a company may consider a market expansion strategy. First, the competition may be such that there is no room for growth within the current market. If a business does not find new markets for its products, it cannot increase sales or profits.
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A small company may also use a market expansion strategy if it finds new uses for its product. For example, a small soap distributor that sells to retail stores may discover that factory workers also use its product.
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Definitive Advisory will push for market development be it the small businesses or global institutions.
Business Expansion
Whether you are a startup or have completed the first couple of years of starting up your business, your attention should be always on expanding what you have started. Successful leaders know that their company needs to expand in order to increase profits and reach new customers. There are many ways to achieve this and they all present a new set of challenges and risks. Definitive Advisory can help you achieve these goals systematically, securely and effectively.