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Business strategy
How Do You Choose The Right Kind Of Business Niche?
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[QUOTE="Kingsley, post: 220062, member: 30278"] Business as we know is any trading activity that we engage in to earn some profit or benefit. And when we are not meeting the objective of making profit then I will say the business is really not worth the stress. Wheneverwe discover that our average cost is now trying to supersede our average revenue most time it advisable to shutdown such a business venture or re-evaluate our business again to ensure we get back on the right track. Now in making that decision on the type of business that will bring about that satisfaction we are looking forward to and help us to earn good profit, first I must say we need to look inwards and check careful on those activities that truly motivates us and that makes us feel very comfortable. When we have identified that activity thrn we need to look out on ways that we can put that activity to use business wise. This activity could be singing, talking, and the likes. So we need to first identify it. It is always best to do things that comes so easily and naturally to us, rather than copy other. After we can sharpen the skills and translate it to money. [/QUOTE]
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How Do You Choose The Right Kind Of Business Niche?
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