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Growth is fundamental to a business' survival. Roughly 66% of businesses survive their first two years in operation. Those numbers are remarkably consistent across most industries u2014 but they also highlight how important it is to plan for growth from day one.
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Growth is fundamental to a business' survival. Roughly 66% of businesses survive their first two years in operation. Those numbers are remarkably consistent across most industries — but they also highlight how important it is to plan for growth from day one. Growth strategy allows companies to expand their business. Growth can be achieved by practices like adding new locations, investing in customer acquisition, or expanding a product line. A company's industry and target market influences which growth strategies it will choose.
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