This is one of the business development ideas that close to the top of the list! Franchising offers companies a chance to market and sell their brand and their business processes to other businesses in exchange for franchise charges and at times a share of the franchise proceeds. This professional development idea is pretty common with well known eateries, restaurants, residential maid services etc.
Without a doubt, going online is truly a business development idea that every business in this modern day and age needs to implement or remain in obscurity.
This is perhaps one of the most effective business development strategies in the world. People will always do business with a company that offers them quality products and top notch customer service.
This particular business development idea is one that many consumers appreciate and has helped many businesses retain their existing customers and capture new clients/customers.