Joint Ventures (JV) and Strategic Alliances (SA) offer one tremendous opportunity for business growth. Here are three different types.
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A Joint Venture (JV) and Strategic Alliance (SA) plays a key role in a corporate growth strategy. Check the steps in forming one.
Business integrations including mergers, acquisitions and takeovers bring benefits such as synergy and higher market share, but may cause problems.
Instead of merely consuming, merely existing, become a creator this week — focus on creating stuff. Why is creating stuff important? How to do it?
Get more sleep this week, especially high-quality sleep. Most people are tired all the time — mostly because we do not rest enough.
Let’s take a look at different types of business integrations when merging with, acquiring or taking over another business.
External Growth (or inorganic growth) occurs through dealings with other businesses outside the organization. It is usually achieved by merging, acquiring or taking over another company.
Because the costs of External Growth are considerably high, it means that Internal Growth is the only suitable method of growth for many firms on the market.
Internal Growth is financed through a combination of retained profits, borrowing money, asking shareholders to contribute more capital or issuing new shares.
Internal Growth occurs when a business grows organically using its own resources to increase the scale of operations. Internal growth is typically slower.
Business growth is quite straightforward. Businesses can grow in two different ways, either through Internal Growth or External Growth.
Despite the benefits of being a small business, many large businesses are extremely successful and thrive for several important reasons.
Despite the benefits of being a large business, small businesses can be very successful too, and thrive for several important reasons.
Budgeting is important for having clear financial situation. Create a simple budget and system to follow it, if you do not have one already.
Diseconomies of scale that result from running a very large business organization can be avoided by using different approaches to management.