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Factors that determine the success rate of a business.
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[QUOTE="blessingc, post: 246055, member: 73446"] [JUSTIFY][SIZE=18px][FONT=Times New Roman]To have a successful business there are certain things one needs to consider and put in place. Before starting up a business it is very much important to have a good written business plan to guide you as a road map in times where you seems to be losing track of your goals, and to aid investors understand what your business is about and how they can help you develop it. Another thing a business owner needs to put into consideration is employing staffs who are qualified and know what your business is about. Also encourage them to perform their task rightly, pay the when they are due, and make them feel comfortable by asking their opinions when you need to and having interactions with them. Market your goods and services by advertising it both on the internet and offline, make people in know what you do and convince them with your advert that your product is real and qualitative, they will definitely come for it. Give out bonuses to customers to encourage them to come and also invite family and friends to pertronize your business. One of the things you must know before starting the business is put it up in a good location.[/FONT][/SIZE][/JUSTIFY] [/QUOTE]
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Factors that determine the success rate of a business.
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