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Showing posts with label Small business. Show all posts
Showing posts with label Small business. Show all posts

HOW TO BUILD A SUCCESSFUL ENTERPRISE

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In recent times the quest for a successful business by professional entrepreneur has been on high trail and has science been reviled by many experts in their various profession. Putting these great ideas of there’s into different medium either books, seminal, workshops, this has been made so easy that you can get this ideas through e-book, as software, and also the world wide web diaries also know as blogs. This has been enabled due to the invention of technology. And many of which has become a great success and a very huge advantage to the enter world, the likes of Microsoft, Google, Blogger, Adsense, Clickbank, EBay and so many more to be named. But in attaining success in your business there are so many criteria that need to be reviewed, be it a small or big  business enterprise, you have to make a proper study on the WHAT, WHERE, HOW, TO WHOM AND WHY your pieces of information or that great idea of yours would blow in the BIG market. If you haven’t been able to identify that, then you should start thinking about it and I kindly ask that you take a little time to read this little idea of mine which was of great help to my aunt in starting up her little poultry business which I happen to run more than half of all the duties involved.



WRITE BUSINESS, SALES,MARKETING AND OPERATION PLANS:


Talking about the importance of plan writing, each an every firm either small, medium or big enterprise must have and maintain a blueprint which is annually edited, these should contain your downfall, success and even the future plans. In helping your company succeed, investors and employees need to know what the future plans of your company holds, this will help them(investors, employees, management) know when to fit in their ideas and suggestions.



MEET WITH PROFESSIONALS IN YOUR BUSINESS LINE:


Before meeting with people who are in the same business you run or have in mind, you must have a well scheduled plans of yours, having in mind that leaders who lacks plans and vision for their business don’t get to gain peoples interest. Keep in mind that your main reason for scheduling the meeting is for you to acquire knowledge and exchange ideas, so you must be confident about yourself with out being rude. Have an open minded condition and lastly be flexible.



REVISE YOUR PLANS:


Before you finally carry out your project take out time to review your plans once more and kindly ask for a professional revise.


MEET WITH FELLOW WORKERS;


Schedule a company meeting involving every one in the company and interact on how the management plans to solve problems arising and copy to each one of them the company’s business plans, requesting for suggestions and ideas. This tip works for a business that’s has already been established because it goes to tell that proper consideration is being put in place for the development of your company.



BE CLOSE TO YOUR CUSTOMERS:


Continue to instill confidence and trust in your customers, be quick to inform you customers about the company situations of thing, avoid being deceitful knowing that success also depends on the trust your consumers put on your product or services. So always make provision to solve matters that arise, if you cannot do that at that point in time promise to go on a research and keep to your promise.


VISIT THE TAX AUTHORITY:

Do not go against the laws of the land, so contact the tax office to discuss and work out your taxation bill with respect to the level of your company. I know if it were possible most of use won’t like to pay our tax, sincerely I won’t but you just have to fulfill your civic right which is for the up building of your country.



CLOSE EVERY UNIT OF UNNECESSARY EXPENSES:

First contact your bank to get to know the level of income and expenses and the total returns before you cut cost. You can go one to reduce your work labor if you find out that there are some workers that are not necessarily needed, but doing so in accordance with the labor laws of the nation. This will help in buying more financial time and a proper oversee of the labor force with you are hiring.


 In all I have been able to list 7 point that has proven to work so well. This points are not limited as there are variety of ideas, suggestions, innovation and lot more that you can bring in to that business of yours always holding on to the spirit of a young intellect full of high power innovation that must come to reality, with God behind.

















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