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Business strategy
Starting a profitable and lucrative bus_Requirements involved.
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[QUOTE="Axis, post: 309326, member: 66672"] Establishing a profitable and lucrative service providing business is absolutely not an easy activity and in fact it will require a whole lot of work for one individual to successfully and accurately establish a profitable and lucrative service providing business. When establishing a service providing business one of the Paramount consideration or requirement to consider is basically the service itself. You must be able to tell whether to such services stand the chance to be demanded by individuals making up the environment in which you intend situating the service providing business. For example if you intend establishing a service providing business like a fancy hair styling or Barbing salon, but yet you intend situating this business in a village area where individuals are not used to fancy hairstyles or are not even used to getting their hair trimmed and styled by experienced barbers and hair stylist. Such move can be a devastating and disappointing one. Another factor to consider when establishing a service providing business is basically the location. The location of the service provider business must be open and very much accepted by members of the public. Establishing a service providing business in an isolated area may not turn out to be profitable as expected and as planned. [/QUOTE]
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