Business success tips

allison001

Verified member
There are so many tips in which business owners or Enterpreneurs must note in order to be successful in his or her business. A lot of people just come up with a good and profitable business idea, but at the end not succeeding as planned.

What are some of the ways, method and tips any business owner must use to be successful in his or her business?

Location
When it comes to any business you are running or managing, where you establish your business is very very important, because this is a place that will determine if you will make more sales or not. So getting a good location also contribute in business success.
Establishing your business in a crowded area where you know that lots of people will need your services. It all depends on the kind of business you are running, let's say you sell clothes, shoes like a boutique, having this kind of business you must place in a very busy tarred road,not inside the village.


Quality product
Having a good quality product also contributes to business success, because a good customer needs quality products.

Keep records
This will help you to know your loses each month and help you fix the loss.
 

Chibson

VIP Contributor
Nice one, any potential business man must put at the back of his mind that location is one of the most important thing he must put in place before your business can become very successful. Even if you have a very good quality product and you are not in a good location then there is a little chance that your business will succeed and this has contributed a lot to the failure of many businesses that were of good potentials. One of the ways of knowing a very good location is to first of all ask people who has been running business in such as location before and know what their reaction will be. After that the next thing you need to do is to carry out survey about that particular location and of course you can do that without making people know that you want to start a business there. Another very important thing you must put in place if you really want to succeed in business is to have a very quality product. The truth is that even if you carry out good marketing campaign and your product is not of a very good quality, in the end it will probably not succeed because people will dispose it and start patronizing your competitors.
 
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