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Entrepreneurial Businesses Growth

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Book cover Effective Entrepreneurial Management

Part of the book series: Springer Texts in Business and Economics ((STBE))

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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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Notes

  1. 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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Hisrich, R.D., Ramadani, V. (2017). Entrepreneurial Businesses Growth. In: Effective Entrepreneurial Management. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-50467-4_8

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