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Business Expansion

Acquisition

Definition: The purchase of one corporation by another, through either the purchase of its shares, or the purchase of its assets
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Alliances

Definition: Joining forces with another company or individual to combine talents or strengths in order to attract more business
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Franchisable Business

Definition: A business that has the potential to be sold as a franchise opportunity, generally having the following characteristics: It is established, offers a unique concept, is teachable and can provide an adequate return to potential franchisees.
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Branch Office

Definition: A smaller, remotely located office that is separate from a company's corporate headquarters
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Diversification

Definition: A risk-reduction strategy that involves adding product, services, location, customers and markets to your company's portfolio
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Business Broker

Definition: A professional who assists in the buying and selling of businesses
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Buying a Business

Definition: An alternative to starting a business from scratch or buying a business opportunity that involves purchasing an existing business for sale
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Mergers

Definition: The combination of one or more corporations, LLCs, or other business entities into a single business entity; the joining of two or more companies to achieve greater efficiencies of scale and productivity
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