Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
What are the resources required for the success of the business
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Activator230822, post: 294396, member: 88192"] A resource refers to anything that can be used in order to achieve a set goal or objectives. Business resources therefore are as follows; Human resources. These are the people or employees that are involved in the day to day running of the business. Therefore the employees to be productive on the business, the management must match the right person to the right job activities for the success of the business. Financial resources This refers to the money that is required to start and operate the business. Availability of adequate funds to the business makes it run smoothly and more likely to achieve its set targets than a business that doesn't have adequate financial resources. However the availability of free owned funds that is funds from owner savings can be more useful for the betterment of the business than borrowed money for from the lending institutions. In a matter of fact it is advisable by the financial advisors that finances from the lending institutions like Banks is not that useful to be used in the operations of the business. Physical/infrastructure resources This includes tangible materials like buildings, business premises, furniture, the stock, machinery and equipment among Others A business that posses adequate Physical resources and if are well utilised seems to succeed with more ease than a business that doesn't have sufficient physical resources. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
What are the resources required for the success of the business
Top