Test your idea against at least two variables. Do the individual parties really know what is most important to them? Character is power. Kindred, religion, politics, friendships, and secret fraternities, will hold a portion of the community to the old traders.
competitors, consider indirect
competition as carefully as direct competition. Depending on
the makeup and
size of the group, the issues to be discussed, and other factors, you may need to set rules for behavior, e.g., only two minutes per person, everyone in the room must be heard from, etc. Invest in
unique signs and
awesome-looking store and office interiors. Do you
tell your people
what to do and then say: 'Before you do that, check with me first'?
A Simple Guide to Production
investor has just
promised to back her brother-in-law s firm or is merely having a bad day and saying no to everything that crosses her desk. Suppliers want
to sell only
to people who can pay, which is one important reason a new supplier could ask to see your business plan before taking a big order. Many men
fail because they
undertake a business without considering whether there is room for it; others because they do not thoroughly establish themselves in the place, making no effort to get a constituency; and yet others because they do not keep the goods that are in demand, or do not renew the stock sufficiently quick, or do not present their goods in an attractive way. Frequency is
the most important
factor in building customer relationships.
As a business owner, do you know when to walk away from a sale?
of culture man appropriated directly from nature's bounty the food and shelter which he required. What part
of the team
do you need the most help with? Business endeavors
are often complicated
by human factors: misunderstandings, absenteeism, selfish agendas, ego clashes, personal business performed on company time, and more. You may
be sure that
you are right, but do not say so.
Local Is Profitable
development is underway
as companies attempt to develop special tools for handling these problems. This process
should be taken
very seriously, because it can have a tremendous impact on the overall success of your business. What systems
do you have
in place to ensure that everyone does things per company guidelines and standards? With systems
in place, your
job changes from micromanaging and controlling every move for every employee to making sure the company systems are followed to deliver perfect results.
There?s no abiding success without commitment
the price you
can get for a product is likely to differ markedly depending on the type of environment you are selling it in. Why else
would you be
seeking funding? Suppose a
lawn mower should
be reversed and forced to run backwards--there would not be much progress made in cutting grass on that lawn.