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⍰ ASK How does a company determine the need for expansion in its current market?

Growing in a current market needs a smart look at things. First check what customer want by looking at trends and feedback. Keep up with what they like. Also see how much of the market is taken up can you get more customers.

Look at the competition too. Find out what they are good at and where they are not. If your stuff is special growing is easier.

Economy matters. Good times mean growth, bad times mean be careful. Watch the rules and laws to stay out of trouble.
 

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