Something about the business I know and some common characteristics.
Greetings everyone! So here we go with today's blog and here I will tell you something about the business. Well I don't have much knowledge about it and I still learning a lot more about it. So I have think to share my little knowledge with you.
So let's talk about the actual business, as per your thinking / definition what is business?? Business is something that you are selling the product which is need for the welfare of the society's people. Or to satisfy there daily need and wants. But the problem which maximum people cause about the product and the selling.
Business is not a small thing or neither it is easy to handle, if you notice that there are very few people out of total percentage of population are successful to run the business. It has lot of risk and also have a lot of profit. Business have lot of characteristics like:-
- REVENUE PROFIT
- LABOUR TURNOVER RATE
- BUDGET
- EXPENSE
And there are number of characteristics these are the basic most and very few. It is more beyond then that.
We also need to take care about the costing of the product you are selling and also take care about the expense, technique, change in taste of customer, trend etc.. and many more other things. We need to analysis and take out the costing about the money that there is profit made or not.
Many people are unsuccessful in running the business because there is something left in their firm which does not allow them to enter in the market. And also you do any kind of business there will be a lot of competition so always need to think big and different from others. Or something which would attract the customers.
The main advantage of business is also about that you can full fill your family desire easily after running the business. And on the other side if you do the job you can only settle but then too you need to control on your each expense. If you do the business it will also help your upcoming generation, because you can't give the degree to your child to earn money he need to start it all over again. But if there is a business he just need to upgrade it and explore more about the particular field of the business.
You can't even own a car if you do the job then your whole life will be wasted to pay the debts / EMI of your car or etc you buy. Business have a lot of power to buy anything at anytime. But the main game is all about to run the business and how. It has lot of risk and also a lot of money is been convert into debt. But also if it run successful then you have done something in your life.
Well! there are lot of ideas and there is no one's monopoly the only thing is need to do is think fast and take quick action as much as possible.
I hope you get some knowledge from my post and maybe it helps you to get some few idea or encourage you starts all over it. And get out the matrix as soon as possible.
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