Business Idea (General Business)

Discussion in 'General Business' started by vincentchudi, Mar 26, 2009.

  1. #1
    Business is a good thing to venture into by people who have the spirit. It is obvious to state that business is more profitable than working for monthly salary.
    Business idea is vital for people who intend to start business, this is because with business idea, you will know what to do at the right time. Doing business without a business ideal is walking in the dark. E.g., how to face your competitors and be ahead of them.
    Since all business have competitors, it is like a battle front and only the strong survive because what your competitors want is to push you out of business. This is why you should have a business idea to succeed.
    A good business idea is one who knows what to do at the right time and one who knows what his client needs and how to satisfy their needs. Many people fail in business because they have bad business idea. A bad business idea is one who never satisfy his client and there is no doubt that if clients are dissatisfied with what you offer, they will surely look for an alternative.
    So, when you plan to start up a new business, try to have a good business idea by knowing what your client needs and how to satisfy them.
     
    vincentchudi, Mar 26, 2009 IP
  2. shintocool

    shintocool Banned

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    #2
    A business plan is equally important, write it down on paper, what you want your business to be in 2 year time, 3 year time etc..
     
    shintocool, Mar 26, 2009 IP
  3. [fresh] CK

    [fresh] CK Peon

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    #3
    Not too mention supply chain mapping--that's always good.
     
    [fresh] CK, Mar 26, 2009 IP