He began to do business at the university. The scholarship was not enough, so I was spinning to earn at least some money. I have never worked for an uncle and am proud of it. I achieved everything myself. Over 20 years, much has been achieved. At first, the business developed well. He earned money, resolved his questions. Everything went perfectly, so I didn’t even think about starting another business.
But lately there is a sense of doom. It seems that a little more and the business will have to close. I do not know what to do. If I close my business, I’ll actually be left without income. Is it possible to somehow determine, at least in general terms, what to expect from the business in the future? Is it possible to build a forecast for business development at least 5-10 years in advance? Can I find out how much is left for my business?
Business development forecast – it is like the foundation of a home. Continue reading
There are a million tips on how to increase profits. However, despite this, up to 95% of businesses operate with minimal profit or even loss. The bottom line is that not all methods are effective for specific businesses. The question is to choose exactly the methods that are suitable for a particular business. If they are picked up incorrectly, you cannot see the profit.
There is no magic wand that can be waved to increase profits. Increasing profits is a serious job, for the implementation of which it is necessary to possess special knowledge and technologies. If there is no time and desire to master them, then it is advisable to outsource the increase in profit to specialists, which, incidentally, is inexpensive.
Business studies have shown that there is a problem preventing good profit, which is typical for 90% of businesses. If eliminated, then 90% of businesses can easily increase profits, and quickly enough. Universal advice on how to increase profits can be found below. Continue reading
A man is selfish, he always thinks of himself, of his own benefit. He thinks of someone else’s benefit only if he is motivated to do so. Such, however, is life. On his own, he will never think about how to do good to others. So the person is arranged that if he is not motivated to work for your business using internal marketing, he begins to work for himself, using his resources.
There are many ways to motivate employees to work for the business. The most popular way is money. It is believed that the more you pay, the higher your loyalty and desire to work for you. This is mistake. The reality is that a person does not work for your business, but for the sake of money. By giving more money, you just motivate the person to ask for more.
Hired work is a compromise between work for yourself and for the company. Continue reading