Entrepreneurs can consider various types of strategic investments, including:
Equity Investments: Purchasing shares in other companies to gain influence or control. Joint Ventures: Partnering with other businesses to leverage combined resources and expertise. Acquisitions and Mergers: Acquiring or merging with other companies to enhance capabilities and market reach. Research and Development: Investing in R&D to spur innovation and develop new products or services. Technology Upgrades: Investing in new technologies to improve efficiency and productivity.