In everything in life there is always rules, tips, or tricks; however, within your business there should be five main components you will want ensure you have to be able to operate your business successfully.
The first component is personnel. Without employees to help you out then it will be all left on your plate.
The second component is equipment. Without the appropriate equipment how are you going to be able to run and product your goods.
The third and fourth components are services or products. If you do not have services or products to sell, do you really have a business?
The last component that you will want to ensure your business has is capital. Without having capital in your business your business will not even exist!
Very nice article, it's simple but it can help some entrepreneurs.
ReplyDeleteBut, you miss something, a sixth component: the Customers.
If you have a business, is for offering products or services to your customers, offering solutions to their problems.
You must see your customers as part of your business, because they are.