STARTING A BUSINESS is not always easy;it takes
courage and determination to start a business and to achieves success
it requires certain entrepreneurial attributes. The entrepreneur must
be motivated to make profit because profitability is essential to
survival; he must also be an effective planner, organizer, decision
maker and able to manage people well.
He must have nerve, be well prepared to bounce back from
inevitable setback and be willing to devote long hours to the
business.But before starting a business, you need to answer the question
below.
Before
deciding to own a business, you must first of all evaluate whether you
have the potential to be an entrepreneur or gauge your entrepreneurial
potential. An entrepreneur can be defined as a creator of a
business. He creates a business to build the enterprise for growth and
profit using a planned approach; he is highly innovative, creating new
products and markets.Read More
Tips For a Successful Business Partnership
Many business partnerships have failed while others have been successful. Some have gone into business partnership with high expectations without thinking of the implications which later resulted into a break-up leaving deep wounds.However, it is important to note that a business partnership has its advantages and disadvantages. Read More
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