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Business strategy
The Importance of Starting Small with your Business Idea.
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[QUOTE="Etini, post: 273344, member: 90141"] When it comes to business, we all dream to own and run franchises. We want to be the major player in the industry. This has led to so many mistakes made by entrepreneurs. So many would-be entrepreneurs have had their entrepreneurial dreams cut short because they committed so many resources at the start. It is always advisable to start any business at the basic level. It affords an entrepreneur to learn the ropes and possible pitfalls of that business. It also affords the person the luxury of making mistakes and correcting them without much harm being done to the business. Business like everything else gets better with experience. So, it is safe to build an experience first before committing large resources to any venture. I started my poultry farm with just 100 birds. I learned so many things as I progressed in the business. I now operate at 1000 birds. Growth is systemic. The risks of the business are greater when you are a newbie. You can minimize those risks by learning slowly through the system. [/QUOTE]
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The Importance of Starting Small with your Business Idea.
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