Categories: Business Development

Welcome Entrepreneurs

Hello everyone.
Today’s post is the first for my new blog. Therefore it will give everyone good understanding of what this blog will talk about. So here is the question I will try to answer.
How we can make a Business flourish and become a successful one?
It is really not one size fit all as most of the people who already have businesses will agree. However there are certain principles that can help young entrepreneurs stay away from troubles and reap the benefits of the competitive markets. My goal with this blog will be to give guidelines and suggestions to all of you who might be interested in starting something new.

Principle I: Serve the client. It is not a secret that the most successful businesses are based on a new idea that makes everyone’s life easier or more enjoyable. Trying to find what your would like to provide as a service or a product that can be used by your clients is the most important decision you need to make in order to get started.

Principle II: Communicate the product with your audience. Other people call this sales. Yes, as simple as it sounds the best sales people are just great communicators. They can be good storytellers, find your need before you understand it and provide you with the  needed details about the product which will convince you it is something you need to have.

Principle III: Handle Overhead Properly: The third principle helps the first two operate effectively and efficiently. After all if the bottom line is non-existent or negative, you might find yourself fairly quickly out of the marketplace.

In my next posts I will try to go much deeper into each one of these three principles and will provide real life examples for challenges, solutions, best practices and ideas to all of you who are willing to explore the world of business with me.

admin

Recent Posts

What is the Best Business Structure for Your Business?

Small business owners often struggle with the decision regarding which entity form to use for…

5 years ago

Finance vs Accounting – The important Differences you Should Know

What Is Accounting? Accounting is “the art of recording, classifying, and summarizing in a significant…

5 years ago

Top 5 Reasons Why You Need an Accountant for Your Business

Hiring an accountant to look after your business finances is a very smart move. Here…

6 years ago

What’s a tax consultant, and why do you need them?

Tax consultants, also know as tax advisors, are experts in tax law, planning and compliance.…

6 years ago

Personal Finances: How banks really work

Why do we feel much better about having our savings in a bank than we…

6 years ago

Life insurance basics 101 – All you need to know

LIFE INSURANCE TERMS AND DEFINITIONS:   insurance - Insurance is a means of protection from…

6 years ago