Question

If the small business strategy is to run one location then What might be the advantages and disadvantages of adopting to multiple sites? 300 words please

Answer 1

“Briefing”

The business needs to formulate strategies based on its capacity and required to drive the process of work as per the client’s demands. If the small business runs multiple sites and plan to undertake full-on activities then surely it may face difficulties. Small business growth is expected to stand at a minimum level and expanding sites may result to affect the revenue process. With small revenues, it may be required to manage many things that shall become a difficult task to sustain in the market. Small business needs to acquire financial strength to run multiple sites and once it is done then expansion can be desirable.

        

“The main answer”

Advantages of adopting small business to multiple sites:

The main advantage is to reach different segment audiences and attract them with a variety of products. On having a specific one location, the problem may arise to drive business across multiple areas. Once the business is settled up in multiple locations, the people will get to know more about the areas of service deliverables. It will enrich the business with high sales in number and chances of business expansion may occur more in number. If the business is running at one location then it is obvious that the sales number can be limited. Within particular geography, running a small business may not make outreach but having its presence on multiple locations can enhance the popularity of the business. The business expansion to the multiple sites is quite necessary as it will reach different segments and possible growth can be obtained quickly.                

Disadvantages of adopting small business to multiple sites:

The small business may not have the capacity to drive multiple locations, as it needs to manage many things like marketing, promoting, distributing, etc. With lesser revenue strength, it will become difficult to manage such areas of business, as at an initial stage without having a strong revenue source, planning for multiple locations may lead to affect the current growth. A small business faces many hurdles to accumulate revenues and meet the standard of the clients. A strong client base is a key factor in expanding the business at multiple locations. The audiences need to make aware before launching any other sites at any location. However, the small business at an initial stage may face a financial crisis to sustain in the market as of less collection of revenue. The small business should run at one location for a certain time until the strong client bases are not developed and stable revenue is required to conduct all the activities in the multiple sites.