What is organic and inorganic growth?


1 Answer(s)


When you start a small business, you must focus on growing your customer base, reinvesting profits in new assets for greater income, and improving productivity to increase your bottom line. All of these efforts are examples of organic growth. You can grow your company through inorganic growth by merging with another company or buying another company. This can give you a larger customer base and new channels of distribution that can result in accelerated growth.