Methods of Expansion

Key Words

Expansion-is when a company gets bigger.

Organic-growth is when a business gets bigger naturally.

A Merger-is when two companies combine.

A Takeover-is when one business takes over another.

Franchising-grants the right to  use products/name.

Pros of a Merger/Takeover

from a merger and takeover you would receive:

more revenue,

more customers,

learn new ideas,

possibly less competition;

spread your company across the whole planet.

although the cons would be:

arguments may occur,

affect the community;

people can lose jobs.