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Your firm's sales are increasing. How will you benefit?  

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St.Albans Girls' School Centre Number-17519 Madushi Fernando 10M Business and Economics Portfolio Piece Unit 3 - Risk or certainty Your firm's sales are increasing. How will you benefit? Introduction When people start up businesses they automatically take a risk on whether they will gain or lose the money put into the business. The idea is that they will do well and make a profit. With all the fixed costs paid then there will be some profit left. I think that any person starting of a small business is taking a risk. Many questions go through their mind like whether who the customers are, how strong competition is and what prospects there are for growth. If all goes well then there are many different paths you could take to expanding your ideas for the business. I looked into ways that firms could expand their businesses, which are doing well. Case study John Mackenzie recently opened up a fish and...

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