You are the current owner of an E-Commerce business called ‘Poison Berry’. You acquired this business from a previous owner. You purchased the business for $250,000, no money down and $5,000 a month over the next several years until the loan is paid off. The business sells home fragrances, candles, incense, and sprays for the home. You have been successful within your online community and are starting to receive emails from customers across the world inquiring about your products. They are curious as to products you may start to offer for offices.
please be descriptive and detailed with the in the answers below and if possible use Management terms.
1.Pleaseexplainin full detail your business strategy forexpansion.
2.What would you need tocreate, examine, and definebefore expanding including barriers, concepts, and a plan?
3.Remember to clearly examine the process, and INNOVATION of your products and location.
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