You cannot view this unit as you're not logged in yet.
Business Expansion
24 Minute MBA
0 POINTS
Complete the units, enroll in new courses, answer survey questions
By gaining points, you can win a personalised one on one coaching session
Complete the course to see how your learning has improved and gain 10 points
Answer the questions in each unit to generate your custom action plan and gain points
Collect points to be able to ask an expert any question you may have
| Module 1 | 24minMBA | |
|---|---|---|
| Unit 1 | 24 Minute MBA Pretest | |
| Unit 2 | Setting up Business Strategy | |
| Unit 3 | Developing Innovation | |
| Unit 4 | Leadership Skills | |
| Unit 5 | Organizational Behavior | |
| Unit 6 | Marketing Campaigns | |
| Unit 7 | Essential Sales Skills | |
| Unit 8 | Emotional Intelligence | |
| Unit 9 | Legal Documentations | |
| Unit 10 | Financial Reporting Today | |
| Unit 11 | Project management | |
| Unit 12 | Information Technology | |
| Unit 13 | Business Expansion | |
| Unit 14 | 24 minute MBA Posttest |
Survey Questions
In this video you will learn about what you should focus on when you want to expand your business. As the businesses become more successful, you may look for an expansion of your business by getting access to funders which could provide you with capital or debt.
Four things that funders look for when backing a business:
-
The financial statements to ensure that the business is healthy and that with more money it can be even healthier.
-
The strength of the strategy to ensure that competitors wouldn’t be easily able to challenge your offerings.
-
The strength of the team that is managing the business and how well can that team overcome challenges and attract more great talent.
-
Traction that the business already has with clients or users which give credibility that the products or services that are being offered are in high demand. The leadership team would need to assess which route to take when seeking funding or whether to keep on growing the business from within by re-investing the profits.