When developing an internet business you will always be looking for ways to maximize your revenue, and expanding your fields of operation is often a possibility that surfaces when you are evaluating the future of your businesses. While common to most of those who have formally studied business management, the concepts of Vertical Expansion and Horizontal Expansion are not always recognized by small time internet entrepreneurs such as myself.

Generally when facing the option of expansion, you will have two initial paths to choose from, and the way we usually seperate them is by classifying them as …

Two of the blogs in my feedreader recently wrote articles about how you should try to achieve a status as a monopoly, as this will in turn lead to greater profits. I first saw an article about it over at Dosh Dosh, and then a spin-off article over at NetBusinessBlog. Anyone who has taken business 101 and seen the price and demand model for a monopolist will know that this is not wrong, mainly because you will have complete market control.

While the idea of …