5 Key pointers for business success
Many people know a days are running there own businesses. Most entrepreneurs do it because they want more hands on work or just simply want to make more money.
The facts show that at least 40% of employees want to start their own business but may not be fearless enough or want to take the risk. The numbers for minority and female ran businesses have doubled in the last 10 years and continues to do so. As people age they want to be able to run their own companies and the numbers have proved it. In 2012 it was reported that their are over 27.9 small businesses in the United States. However, only half of those businesses last over 5 years and only a third lasts over 10 years.
Small businesses don’t seem to succeed if they are missing these few elements. Here are 5 key pointers for business success to always stick in order to maintain a successful company:
#1 Make sure you know what your doing and you do it well. The rest can be delegated!
#2 Keep a handle on your company finances.
#3Price your service or your product correctly.
#4 Listen to customers and employees feedback.
#5 Make the time to replenish and create company future plans.
