Business Expansion Strategies in the UK.
According to the UK Department for Business, Energy & Industrial Strategy, there were a record 5.5 million private sector businesses in the UK at the start of 2016, representing an increase of 97,000 since 2015, and 2 million more than in 2000. Still, despite strong growth in the number of new businesses, research from the National Institute for Economic and Social Research (Nista) finds that general UK labour productivity has stagnated since the financial crisis in 2007, and with it wage growth.
Whether you are a large or small organisation, the fundamental question you should be looking to answer is simple, how do I grow?
ORC International can help look for opportunities to promote growth within your organisation by developing business expansion strategies that take into account the current economic climate and industry trends. As we develop a personalised expansion strategy, we will work closely with your team to identify potential growth targets, opportunities for market entry, mergers and acquisitions targets, and emerging trends that may affect future stable growth.