There is also inorganic growth or growth through acquisitions, which is experienced through mergers and acquisitions and is based on available resources plus capital.
Organic growth
Organic growth is created by adding more customers to you tg database business or more business from customers you already have.
That is, your company's growth is based on the resources you already have. This may mean an increase in new investments.
Here are some examples to help you understand better:
Involving your productive capacity
Expanding, adapting or renovating it. If you are going to have to increase your production, it is time to invest in new machinery or equipment. You have the option of buying or renting, since companies have advantages in these situations and can enter into leasing or renting contracts.
Reviewing your portfolio of products or services
As we have already mentioned, the situation has changed, so many other things will have changed as a result. So, we are going to adapt. We can make investments in innovation in our product/service portfolio that better adapt to the needs of our customers.
