Expansion

Expansion refers to the phase in a company’s lifecycle when it scales its operations, market reach, product offerings, or geographic footprint to drive higher revenue and market share.

Types of business expansion:

• Organic growth: Increasing sales through existing resources.

• Inorganic growth: Through acquisitions or strategic partnerships.

• International expansion: Entering new global markets.

Expansion requires careful capital planning, operational scalability, and risk management — particularly when dealing with unfamiliar regulatory environments and market dynamics.