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Three screening questions - expanding your product or service offering

Updated: Jun 29, 2021

A great way to grow a business is to add an additional product/service. As business owners ideas pop in our heads all the time of what else we can provide our clients or customers. However, a poor decision will lead to wasted time, lost financial investment and potentially risk your current business. Here are three questions to ask yourself to help sort through your ideas:


1) Why is my business ideally suited to provide this product/service?

You will have the best chance of success if the new product/servic