Internal growth Flashcards
1
Q
What is internal growth?
A
expansion of a business by means of
opening new branches, shops or factories (also known as
organic growth)
2
Q
Examples of internal growth?
A
opening a firms shops in areas which had none.
3
Q
What is good about internal growth?
A
avoid problems of excessively fast growth,
which tend to lead to inadequate capital (overtrading),
4
Q
What is bad about internal growth?
A
Growth can be quite slow with branches or shops opening each year