Mastergp
Verified member
People engaged in different form of trade and most are doing well while other are not, this is because they lack key ingredients to business success, no business was created to fall but how you plan a business prove that you are serious about that business and want to succeed. Well there are some key ingredients that prove a business success the include the following:
Leadership and management qualities :
This is the number one ingredients that one should focus on, how u plan your business shows that that u want it to grow that is why leadership qualities are important if the is no leader in a team work such team would hardly succeed so a leader need to manage the affairs of the business and look for ways to make need adjustment if problem occur.
Product sold and delivered:
It is also important to know the type of product you are producing, how it will interest your consumers and how the would receive your product.
Staff/employee:
When starting a business one need to also consider number of staff to employ and also check if he is able to pay salaries of such workers.
Communication process :
Good communication create closeness between client and workers and also the management and employee thereby creating trust regarding readiness to work
Leadership and management qualities :
This is the number one ingredients that one should focus on, how u plan your business shows that that u want it to grow that is why leadership qualities are important if the is no leader in a team work such team would hardly succeed so a leader need to manage the affairs of the business and look for ways to make need adjustment if problem occur.
Product sold and delivered:
It is also important to know the type of product you are producing, how it will interest your consumers and how the would receive your product.
Staff/employee:
When starting a business one need to also consider number of staff to employ and also check if he is able to pay salaries of such workers.
Communication process :
Good communication create closeness between client and workers and also the management and employee thereby creating trust regarding readiness to work
