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Session 8: Growth by duplication

Session Quiz

  1. What is another name for Growth by Duplication?
    2.

  2. What are the goals you can accomplish by duplicating your successful business?

  3. Creating profit centers means combining all sources of earnings into a single overall total.

  4. If you have a good business concept, you should open several stores at the same time.

  5. Which is the best lease agreement?

  6. Which is the best incentive plan to offer an outstanding manager?

  7. Signing a lease is likely to be your largest liability.

  8. It is important to have a real estate lawyer involved when signing a lease agreement.

  9. It is necessary to have an intellectual property attorney check your name, logo and slogan to find out if they are available.

  10. Which management skill is important when you start your chain of stores?

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spacer Deciding on a business | The business plan | Home based businesses | Financing the business | Business organization | Licenses and permits | Business insurance | Communication tools | Buying a business or franchise | Location and leasing | Accounting and cash flow | E-Commerce | Opening and marketing | Managing employees | Expanding and handling problems

Getting financial controls in place | Getting your team in place | Customer feedback | Achieving lowest expenses | Develop negotiating skills | Alternatives for capital allocation | E-commerce | Growth by duplication | Vertical integration | Franchising your business | Global expansion | Buying businesses | Public ownership | Selling your business | Considerations for family succession

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