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2017 | OriginalPaper | Chapter

8. Entrepreneurial Businesses Growth

Authors : Robert D. Hisrich, Veland Ramadani

Published in: Effective Entrepreneurial Management

Publisher: Springer International Publishing

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Abstract

This chapter focuses on the most important aspect of growing the entrepreneurial businesses by first looking at identifying the main factors that influence the growth followed by the discussion of the main perspectives of growth. Characteristics of fast-growing companies and management actions enabling growth are then discussed along with four major growth strategies—market penetration, market development, product development and diversification. The chapter concludes with a presentation of some exit options from a company.

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Footnotes
1
For a complete coverage and discussion of the process of growing a business, see Hisrich (2014) and Hisrich, Peters, and Shepherd (2017).
 
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Metadata
Title
Entrepreneurial Businesses Growth
Authors
Robert D. Hisrich
Veland Ramadani
Copyright Year
2017
DOI
https://doi.org/10.1007/978-3-319-50467-4_8