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Business strategy
What are the factors that influence our choice of business?
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[QUOTE="Haibso2003, post: 152488, member: 50940"] People venturing into businesses must have at least one thing that make them choose that field. Businesses around something you just take a leap out without any form of motivation. I'm starting a business people consider factors that they think my problem get well I want to get to in such business. Here are some of the factors that influence our choice of businesses. 1. Interest and passion: passion they say is the driving Force towards any form of human achievements. When you have the passion and interest to partake in something it comes much more easier to you due to the fact that you already have the passion for it and the willingness to learn it. Passion in business is very important. People go into business is due to the passion they have for it. 2. Monetary value: a very large number of people go into businesses because of how lucratively think it might be. Of course everybody wants to get something out of the business he or she takes part in which explains the fact that monetary values also a very important Factor to consider when starting a business. [/QUOTE]
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What are the factors that influence our choice of business?
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