• Important Key Factors

  • Mark

    Member
    July 1, 2021 at 3:28 pm

    I’m interested in starting my own business, but since I have no business background, I don’t know where to start. What are some of the important factors I have to take note of when building my own business?

  • Janice

    Member
    July 5, 2021 at 10:29 am

    Products, Sales & Marketing, Finance.

    1. If products are bad, but sales and finance are good, nobody will still buy no matter how good you try to market your product.

    2. If marketing is bad, but the products and finance is good, there isn’t enough publicity for people to buy or even know about the good qualities of your product.

    3. If finance is bad, but products and marketing is good, the company will still face a loss since whoever is in charge of managing your assets and liabilities do not know how to handle money.

    All three of these elements need to work together for a business to stay relevant in the market and keep earning.

    • Mark

      Member
      July 8, 2021 at 10:27 am

      wow that must be difficult to keep up, any tips on how to keep all three of them good and cooperating?

      • Carol

        Administrator
        July 21, 2021 at 5:05 am

        consistency and thorough monitoring

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Original Post
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