Asked by rohan

explain potential for growth internally and externally
Answered by Ms. Sue
Did you have a particular company in mind?
Answered by rohan
no.the type of business is a sole proprietor
Answered by Ms. Sue
Sole proprietor of what kind of business? Where? What do you know about this business?
Answered by rohan
i want to get an explanation for potential for growth internally and externally in the sole proprietor business
Answered by Ms. Sue
The potential for growth depends upon the business and location.

Restaurants in our area come and go so fast that most don't make it.

But a growth industry in our area might be services (laundry, shopping, chauffering, cooking, cleaning, etc.) for disabled or elderly people.
Answered by rohan
well the business is a grocery and variety store
Answered by Ms. Sue
In the United States, I'd say the business has very little growth potential. Large chains, such as WalMart offer customers lower prices and have doomed the small single-proprietor grocery and variety stores.

However, in a small, undeveloped country, it might have a good internal and external growth. You'll need to analyze your customer base. How many people live close enough to conveniently patronize this kind of store? Can you stock the merchandise they need at reasonable prices? How can you expand your customer base?
Answered by Fahr
Chewdadoodadooo i love u rohan!!!!!!
Answered by Rohan
i hate this school!!!! and ms. sue!!! hahahahahaha expell me!!!
Answered by Rohan
Sorry Ms. Sue that appears to be some random people spamming.... Please don't get me in trouble, please!
Answered by Rohan
Ms. Sue I am very sorry for my behavior I admit it was me because i don't want t get anyone in trouble
Answered by Ms. Sue
Rohan this is unacceptable. We will have to meet tomorrow at the office after school. I will see you there 3 o' clock sharp, this also means I will have to call his parents.
Answered by Ms. Sue
Sorry i meant your parents
Answered by Rohan
Sorry i couldn't come to the office Ms. Sue. I was scared of getting expelled :( Please don't hurt me! Please!