PART TWO: GROWTH OPPORTUNITIES TO CONSIDER
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8: Growth by duplication
What is growth by duplication?
Definition of duplication
Small scale duplication
Large scale duplication
Examples of growth by duplication
Businesses with questionable potential
Businesses with good potential
Importance of a successful pilot operation
Management skills required
Financing skills
Create profit centers
Management selection
Accounting oversight
Supervision oversight
Real estate development functions
Creating a site model for your locations
Architecture and construction
Leasing issues
Rule number one
A potential conflict of interest
Recommendations
Legal issues
Top ten do's and don'ts
Session Quiz