Duration
Format
Webinar
2½ hours
Online (Zoom)
Workshop
3 hours
Classroom (workshop style)
Event Category
Business Growth,
Income Diversification
Business Growth,
Income Diversification
Venue Requirements
N/A (delivered using zoom)
Projector
Material Supplied
Presentation notes emailed after event.
Presentation handout given during the event.
Event Description
Diversification is a growth strategy that involves entering into a new market or industry – one that the business doesn’t currently operate in – while also creating new products for that new market.
What to expect from this webinar
A comprehensive understanding of how to expand by using of various methods for business and income diversification.
We are going to reveal the various strategies that a company can implement in order to either thrive and grow to the next level or perhaps survive during a period of economic downturn.
In this workshop you will learn...
If you know how and when to diversify, you may open up new markets for your company or shield it from potential threats:
- Strategy for Diversification
- Business Diversification Types
- Market Penetration
- Market Development
- Product Improvement
- Product Development
- Income Diversification
- Revenue Optimisation
- Cost Optimisation
- Partnership Growth
- When to diversify
- Advantages and Disadvantages
- Business model canvas
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