Ascend Frame helps its clients in building the diversification strategies to assist their growth. The importance of diversification is to:
1. Mitigate market risk
2. Protect a business from the competition
3. Increase profits and variety of products stocked / services provided
However, this means that the types of companies using a diversification strategy are usually under pressure. For example, a new competitor is taking a portion of business and you’d like to acquire it. Alternatively, taking the decision to diversify requires a lot of analysis work, which typically needs to be completed in an extremely tight timeline, so we help the businesses in making carefully thought-out diversification strategies, suited optimally to our clients’ needs.