What are the Strategic Advantages of Diversification?
Small businesses do not consider the advantages of diversification in their strategic plan. Yet business or company diversification can have significant benefits, such as minimized risk and maximized opportunity. Search This Site @import url(http://www.google.com/cse/api/branding.css); Custom Search The advantages of diversification in your small business are significant to your growth and success. With diversification, you can reduce your business risk by not putting all ‘your eggs in one basket’ (trite, but true). Diversification can also maximize your growth opportunities by expanding your business operations while utilizing and leveraging core facilities or administration functions.
