business expansion
Company gets bigger
Business expansion is growth in the scale or scope of a company's operations.
A business might expand by opening new locations, entering new markets, adding product lines, or increasing production capacity.
The term often appears in discussions of loans, strategy, and economic development: The company secured funding for business expansion into Asia.
- growth strategyPlan for organizational scaling
- joint venturesShared business undertakings
- mergersCorporate consolidations
- franchisingLicensing a business model
- brick and mortarBusiness with premises
breaking ground · acquisitions · internationalization · going global · new markets · market penetration · innovation · scaling · scaling up · licensing agreements · infrastructure development · operational efficiency · cross-selling · diversification · capital allocation · cash flow · partnerships · customer acquisition
- growthgrowth, grow, growing, growth rate, increase
- domestic investmentstocks, bonds, real estate, mutual funds, ETFs
business expansioncontraction
Reduction in size
downsizing · shrinkage · corporate downsizing · decline · retrenchment
business expansionretrenchment
Reduction of expenditures
risk aversion · consolidation · survival mode · austerity · cost-cutting
business expansionconsolidation
Combining into unified whole
divestment · streamlining · spin-off · refocusing · specialization