6 Organic growth Flashcards
1
Q
Define organic growth
A
strategy that involves a business growing gradually using its own resources.
2
Q
Define franchising
A
allows other entrepreneurs to trade under the name of the original business.
3
Q
Define retained profit
A
portion of a business’s net profit that is not distributed to shareholders as dividends, but kept within the company for reinvestment.
4
Q
Define stake
A
a financial interest in a business which entitles the investor part-ownership.
