Back to Encyclopedia

Business Expansion

Acquisition

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

Alliances

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

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.
Read More

Branch Office

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

Diversification

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

Business Broker

Definition: A professional who assists in the buying and selling of businesses
Read More

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
Read More

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
Read More

Popular Articles

Motivation

Why Indecision is Costing You Money, Time and Opportunity

Need a pep talk to dive in the deep end? This can help.
Marketing

Is Your Brand Engaging or Intrusive?

A brief guide to developing constructive consumer relationships.
Podcasts

This Entrepreneur Had a Mission: Start the Church of Rock and Roll!

Jason Flom, the entrepreneur, music industry executive and social justice activist, has embarked on his biggest project yet.

Why The Cannabis Industry Is Urging For A Regulated Market

To help keep illicit products off the market, the industry is pleading for federal regulation for better control and testing.