Identifying the business you are really into

[TOZZIBLINKZ]

Some business owners have not been able to identify so far what type of business that they have established , some of them on the other hand have been able to identify the business that they are really into but yet they are not willing but will not chance to let go of other business dealings and doings so as to focus on the business that they really want to go into . Take for instance a businessman whose business specialises on the selling and repairing of car tyres , later realised that his business makes more profit and more income by repairing of car tyres than to the selling of car tyres so in this situation the business man decided to let go of the selling of cat is so as to focus his time and energy and also his money in the repairing of car tyres . This is some of the situation that majority of businesses face today they are not able to find out what type of business activity that is best suitable for them .

We must understand as business owners , that the impact that our business has on members of the public should be of great value and great potential rate because that is absolutely one way to determine whether your business will actually make profit or not . We should cut down every unnecessary and irrelevant business activities and practices that are not productive and rewarding to the business , but rather focus on the ones that are absolutely productive and rewarding to the business .

 

[CALVINDOL]

First of all before seeing any other thing I want to first of all point out that I like the illustration that you use that is on the businessman that specialise on the selling of car tyres . It is absolutely mandatory that a business owner understands and have full knowledge of the kind of business he or she has established so as not to be able to deviate from the business to another kind of business activity that he or she hasn't planned or know of . For example when a business honour established a particular business for a particular purpose possibly to sell smartphones and other smartphones related items to others then the business owner is sure at his business specialises on the selling of smartphones but if he or she considers that repairing smartphone is way more profitable than the selling of smartphones itselves then the business owner can actually leave one business activity for the other so as to put more interest and more business phones possibly because he or she cannot run the both activity at the same time .

Majority of business owners have gone broke and bankrupt as a result of not being able to identify the kind of business they have established it is advised not to be such a business owner .