Business Development Keys

Provide update on below topics

1. Man power, skills and training, health, technology, etc… update them for better organizing and quality output and to act and react as per need and circumstances.
2. Management training and updating to be part of entire supply chain and to know the potential or real status of business development.
3. Risk management and preventive action to avoid or minimize risk with
4. Solutions and quality improvement and consistency management.
5. Fund allocation, fund savings, reserve fund, all resources gap replacement fund and appropriate spending training.
6. Time, sales and marketing management training and facilities.
7. Training for social responsibilities.
8. Where and how to reach out for help especially in health, finance, skills and resources.
9. Advance Human resources for workers health, safety, old age and accidental lose compensation and skill updating and also family care and safety of them.
10. Interpersonal skill improvement and development for workers and management progress, for better quality output and outcome.
11. Overall help to on regular and periodic basis and in emergency.
12. 3 rd party inner and outer audit for all above points.
13. Updating and advance maintenance or implement all necessary change to stay ahead of time
14. Avoid unnecessary things and include that and practice in cost cuttings also avoid unnecessary expanses to reduce or cut or avoid the lose.
15.  Exercise better profit if need arise but without compromising quality, safety and lose of business or customers.
16. Always practice awards and appreciation programs to encourage advancing workers and tasks for better business
17. Further and advance training facilities and programs for better technology and improvement
18. Resources and inventory and fund management and lining up as pick up season demand drop off season
19. Maximum or long lastingness quality to save, products, resources, business, people, time, money, manpower etc...

See below examples:

Ancient castle those lasts more than 1000 to 5000 years or more and the science and resources of making those castle and infrastructure, houses, roads like those long lasting castles can accommodate lot of generations like without rebuilding homes and business and roads 3 times in 100 years to save cost somethat happen in between 1947to 2025 in india, this was compeltely waste of time and money, instead of wasting, materials, time and man power can focus on something better like health and daily and seasonal needs, to gain knowledge and make progressive community

For example: kangara fort, himachal Pradesh, India – 4000 years old, pyramid of Egypt, Egypt, great wall of china, china., still standing and many other forts, castles, temples are still standing which are easily more than 1000 years old and they prove that this is still possible if you have knowledge, resources, expert man power etc…even you can add improvements in and even can go beyond extended the lifespan of infrastructure or products.

Note: if governing body fail to promote than entire population and also all upcoming generations pay the price ordew in loss of man power, money power, time and lot of resources which cannot revert or impossible to reveres For example: global infrastructure till august 12, 2025 filled with infrastructure that may not even 5 years to 50 years for example roads and housing and business infrastructure which has very small life span due to bad governing and lack of true calculating and knowledge same time lacking analytical and comparison skills between old and new and they get lost in to wrong way and wrong destinations.

Season wise long lasting and comfortable fire proof clothing

Health, food and medicine with true practice which is with true result and true and positive outcome oriented for long lasting age

True Medicine and true medical knowledge and true process for cure with all types of medical science from all over the world

How to attract customers

1. By advertize in newspaper, magazine, online, off line or any types of or other types Advertisement to reach customers economically or effectively to with full knowledge or target customers or types of customers you need as per business segment.
2. By participating in exhibition or attending exhibitions or having special events to attract customers, dealers, distributors, agents, media etc…
3. By having accurate database of customers and approaching them by emails, calling, sms, whats app, flyers, post etc…
4. For publicity you can also stick or put flyers or business details with shipment or orders or goods which describes how this particular products or service can help or better or best and why you should buy them.
5. For small business hire minimum 2 to 4 customer relationship and customer care executives or manager or coordinators, who are constantly in touch with current or potential customers and using all resources which are necessary to bring new customers and constant watching that customers are satisfied and having customer delight after using products or services and they are coming back as per need and recommending others good services and good products
6. Update website and make website famous, customer friendly and transparent with all the details those describe products and service quality and consistency in and company is proving that on website and ready prove what goodies they claims anytime at their premises or outside as well if need arise
7.  Use all offline and online marketing tools
8. Increase customers facilities for their convenience and verification and ease of doing business with you and encouragement to continue even in future
9. Don’t hate or fight customers when they are not happy with your service or products or they have disputes instead think and discussed what could have been done to prevent this before and what can be done now by with compromising something from one side or both side and take action that this doesn’t happen again and go in to root cause of the dispute and have permanent solution if needed

Root cause of disputes examples: wrong claim by service product seller or provider, miss communication, lie of false claim by customer or seller, not enough knowledge of products or service to customer and not knowing fare price of it and expected too much or above the cost of product or service even though customer has paid very little of the cost and there are many other reason like these and true knowledge and solutions and awareness can avoid and resolve disputes

 

More examples: For best tiles production best quality parameters, using best procedures tools and resources, best colors, or which are preferred more by customers and very long lasting tiles and almost no mistakes in making it, best international class finishing, aim to prove better and best tiles in the world, Affordable and economical price and making best combination of above that stands and proven on the test of time and customers delight as per claim or proves even better can bring new business or consistent business.

What more can be done for examples in tiles: Look for better alternative of tiles, beside tiles also focus on products like sanitary products, other similar products which are made out of various clays and related to building materials and life style.

 

Use true reference, measurements, procedure and tools  not to only see but the measure the quality from all aspects in making it selling it and buying it so no one have to regret

 

             Tips for selling products and services:

1. Offer service or maintenance packages in one price or periodic price or extra or offer few times free service as part of sell and cover the cost of it in sell and have network, resources and hold for it.
2. Sometimes offer customers discounts or gifts as part or promotions or inventory clearance and recover cash so you can reuse or utilize them for better options and better choice and financially you become safe and free to use your funds and allocate them where you see safety, gowth and convenience of your funds for now and future use
3. As customer or business service provider also encourage small or big business but good businesses to promote their products and service cause they may not give quick return but they can last for long time and on long route they can generate more returns and long term associations
4. Note: compromise price and customize service if you have to bring them on board so even little or small profit starts getting generated
5. Use and practice tie up and collabration and making associates methods with other business and people like ready to sell products and service providers, associations, customers groups, clubs, international institutions, agents, dealers, distributors, super stockiest, wholesaler, laboratory, retailer, products, surveyor, solutions providers, risk managment providers, insurance providers, advertising and promotion providers, outsourcing and insourcing people and companies, skilled and unskilled people, raw material and assembling providers, banker, compliance expert, technician, resources provider, service or industry experts etc… this can save your huge investment, you can avoid risk and you can also somewhat predict the market for better business

How to decide which products or service to make and sell so businesses can turn in to profit

Or which product or service is already in demand or necessary to live good life this knowledge can help to decide and build a good business.

So find customers or businesses necessities or needs for convenient or easy or crucial to live life, work on to find out those markets and needs and capitalize on that.

Start and do business when and only you see scope otherwise don’t waste too much time money and man power on unnecessary things or products or services which are not needed and does not have scope to grow now or in future or there is already too much competition too many people and business are engaged in same business and market is already over flooded with those products and services in that your business development efforts, fund, knowledge may not work for all but you are doing it only because only you believe in it or someone is doing just or sake of it or for hobby etc…

Your business is also not going to work if it doesn’t have resources to make those products now or in future or service if there are no skilled people or tools or resources to provide that service so even those products and service are necessary to live life you will have to build resource, infrastructure or eco system to survive and sustain those resources, related business and products.

To avoid business failure have a thorough knowledge of business operation with advance and old improvement ideas and business development including marketing and sales for those particular products and services which are part of your business or products or services your are selling

Other important factors of businesses are below here before you start business such as do preparation and educate yourself and do research on it 

1. how much investment you can have now and how much investment you can bring more if need arise
2. how much product and service or business knowledge you have now and if more require how you can bring that on table with hiring or buying or surveying or visiting people and premises with advance expertise sometimes you can also refer books, videos, internet and pursue related studying to help even more and advance your business, products and service.
3. Also find out for better business what kind of skilled and un skilled man power you need, what kind of tools, technology, machinery, premises, electricity, water, raw material, true process, support system,  quality advancement, maintenance and consistency, weather all resources are within reach or not, or very far, all these factors can help you and prepare for to do or not do that particular business

 

What else can affect that can or may change the status of your business?

 

Rising or declining demands, good or bad weathers, always changing law, natural or man made disasters like war, cyclone, flooding, no rain or dorught etc, good or bad change in your business goodwill, branding or prestige, over all global economy decline or rise or particular economy of your country state or city or good or bad influence or advise or man power, unexpected law suits because of knowing or unknowing errors or mistakes which can be direct or indirect, having too many business or individual or business enemies or friends, good or bad business policies and strategies, change in laws as per awareness and change in political, environments, situations, change of mind from good to bad or bad to good, droughts, not enough or too much rain, extreme hot or cold weather or season, change in demand, no updates of your business, products or services, no customers or less customers, scarcity of man power or other resources all things can have good or bad impact and positive or negative outcome of  your business.

 

To make your business successful focus and learn particular skills, learn about all types of profit and lose, expanses and gross and net earnings, how to create a genuine demand of your product and services, by having market knowledge, quality and improvement, competition management and solutions and when and how those solutions are possible, risk management, interpersonal skills to lead, operate and be a part of the business, presentations skills, knowledge and practice of how to reach to customers affordable and economical way with business size proportion.

If you don’t know above it is possible that you can learn them quickly or face failure in that related business that you don’t know and make a financial and time lose or lose of confidence, moral and prestige that you may care.

 

Note: never afraid to scale up or scale down business quickly to avoid lose or debt for short or long period of time or increase or recover profit if decision and judgment is right or wrong business status is most of the time depends on this.

 

Factors that helps to grow business development

Fare price, fare quality or best quality which is safe and never unhealthy or harmful, Good or best customer service which true and genuine and always proves right which not fake or show off just to attract customers. Remove and find solutions for all harmful factors for business.

 

Harmful business factors examples such as: over stock or over stockings or less stocking, over or less or not accurate estimation, prediction or forecasting which is bluff or baseless and without consideration of pivotal factors of business. Ignoring these keys pivotal factors can result in lose or debt and having accurate forecasting and planning base can fulfill the demand without waste and lose for all.

 

Some of the Best tips out of all tips to be successful in business are below here as glimpse but make sure these are not the only tips to be successful in business.

 

1. Have a lot of business experiences of the business particularly that business you are in or want to be a part of that business or want to start or run that business
2. Have maximum knowledge of business that can result in to good profitable business and best customer satisfaction practice for recurring business

      For best business development and to get recurring business and customers, consider following                    factors  and aspects of the business.

1. Best filtering of products, services, man power, process, raw material, proper presentation etc...
2. Implementing and using best prove business practice for always which are good and true
3. Hiring Best employees considering their knowledge, experience, behavior and approach to maintain good business and satisfy customers with good quality products and services and pre and post sell follow ups
4. Use best all types of planning for all or most of the situation and for better business
5. Always use true and workable advise from best or expert people most of the time
6. True knowledge related to your business, products and services, true operating from true knowledge, practise and skills providers, books, magazines, videos, demonstrations, media, progressive or developing trends which are helpful and provides comfort and ease to life and life style, true demand by true customers who actually know what is true life necessities and sustainability for now and in future all above things or factors can help to build tremendously successful business

          Things that kills or destroys or harms the business sometimes, many times or always

1. Bad policy for personnel or business use or practise or behavier
2. Bad intensions
3. Bad advise
4. Bad planning
5. Bad influence
6. Not avoiding or removing Nuisance and ignorance in important or key factors of business or not removing from all the parts of the business and business practices
7. Making ignorance and negligence part of the business and keep on practicing them rather than taking preventive actions for it.
8. Missmanagement or bad management and implementation for wrong and fake rules, regulations and policies and false practices which should be never part of the business.
9. Any bad actions and implementation can lose or harm your business or can result in end of you and your company’s survival and you can find company or business in lose or debt for short or long period of time including you may face penalty or punishment as well if you are not careful or aware or even your careful and aware and still you make mistakes or blunders in any circumstances or pressure or bad state of mind or grid could make bad you and your company, it can be also part of business race to be number one to satisfy your ego or prove that only you can be number one it could be anything that can push you to make a mistake or mistakes or blunders

          Good Business Practice Tips

1. Keep updating your knowledge about demands and how to deliver best to those demands now and in future be aware of healthy competition which are taking place for improvements in products and services that can be your unbeatable or tough to beat competitor
2. Always deliver best and updated, user friendly, use full and long lasting version of products and services and version comes with less hassle or no hassle instead more its more convenience
3. Keep in mind there are lot of software’s, methods, ways, laboratories, consultancy agencies or companies, experts, agents, interns, business out sourcing and learning provisions,

Services, companies, man power, are available on hire on demand or products and services are ready to purchase at reasonable price for reselling without hassle of setting up plants, factories or production units or huge warehouses or any un necessary investment that comes with huge risk so don’t take un necessary risk specially when you don’t have full knowledge or A to Z experience or you don't know what can turn business in good or bad and you may find yourself trapped in business and responsibilities and there are no way out or easy way out.

 

So for fulfillment of company needs, when ever need arise do not afraid to use appropriate resources which are available on demand temporarily and at low cost and it doesn’t have permanent expanses and has provision of easy exit whenever you want to come out of it it’s fully flexible these method is good for learning purpose even though for temporary use it may seem little expansive compare to buying long term establishment and almost no cost once its paid but if business doesn’t go well than you are stuck with expanses without income and no easy way out so sometimes temporary or short term planning and goals, resources, business risk provides experience in limited budget and funds in other case if you successful in short time than you can always plan long term and hope for even more successful have knowledge and experience of the business, demands and clients

 

Note: always use an overall business theme which includes every part of the business with good ethics that provides safety and sustainability to you and your upcoming generations.

 

How to gain overall business knowledge tips:

Attend true and good workshops, seminars, business meets for better business and stay away from bad business owners, companies, bad practices, all unethical elements , products and services, half or amateur knowledge and fake claims and fake achievements all these can lead you in to wrong directions and you can get lost in business, products and service jungle or unorganized un regulated or un check market which works only on unaware and un knowledgeable customers or extremely poor customers who cannot afford good quality products at given price so they are force to buy cheap or bad quality products and those types of advantage taking business owners and blind business supporters all those who are lacking wisdom on long term sustainable business of only necessary products and service which full fills the demands of the customers with making permanent lose of resources in the past for now and in future.

 

Right networking with right company and people for right out comes also helps business development

 

           Notes:

1. always keep business well up to date
2. don’t postpone tasks or important tasks necessary things
3. don’t show ignorance or laziness this can cause damage to your products, service or lose of present or potential business
4. Don’t fully rely on people, technology, system instead of doing that rely on good products and services, good consistent and recurring customers and income and rely on solutions on how to save yourself, business and net incomes
5. Bring and use best clarity or transparency in management, operations, and marketing presentation of the business this combination or better combination help business tremendously

           Business operations and business management basics

1. Do market study and research to know the demand  and volume of demand and particulars and details of demands to know and cater that particular demand as per minor or minute details
2. Know particularly that in demand what kind of quality customer requires, pries and cost of to fulfill that demand, profit margin, all types of efforts that has to be consumed to meet that demands, this demand is unique or it has alternatives available, how significant this demand is to live life or it has no vital contribution to live life or it’s more fantasy or useless thoughts that creates waste or no waste?
3. Is there enough resources are available in past, present and in future to sustain business and business development for survival?
4. Take firm decision that this particular products or service provides solution to market  and or to customers
5. Find out cost and delivering price including profit margin to provide that particular products or service to market and customer and also find out process to make them and cost, also  how to make those products and services reach to that customers via media, distribution network and their margin, salary, ads, time, fund and interest on those fund if borrowed and chances of bringing those funds back once they are spent for sales and marketing and customer acquisition, what happens if you fail to generate the sell which is based on marketing money you have spent, how to pay back those funds to borrowers? All these things are important part of business to survive without lose or minimize the risk of doing business and hoping to earn on every business, products and service created and making available in market with or without demand of consumer or customers or qualities without haveing particular details of that demand, and no proper matching of that demand to run business is extremely difficult of almost near next to impossible.

Note: biggest challenge of the business is you don’t know where is that customer who wants to buy the product or service you have that customer can be your neighbour or that customer could be living in enemy country so cost of reaching customer who is your neighbor is almost free but cost of reaching to customer who is living in enemy country may cost in to end of your life or death which way beyond the price you have expected this is in worst circumstances so prepare yourself for best and worst of business by realizing biggest and worst challenge of the business

           Actual business operations system and steps

1. Research and survey of business, products and services that you want provide or which are in demand
2. Orders on hand by survey or other methods
3. Funds, lands, infrastructure, Time, technology, resources, raw material, expertise and system to fulfill those orders or demand with best possible quality good price and in status ready to serve
4. Let customer know and acknowledge that how much and how good stock or inventory is ready to serve the demand on in ready to sell status
5. If inventory is not ready than how long will it take make them ready and how much will it cost them to deliver

           As per below options

1. Price for Ex ware house or from factory or warehouse or store
2. Price for Up to their port
3. Price for Door delivery or up to their home or business

Also let them know the chances of lose damage or gain during the transit and if is there any problems than what would be the best solutions

6. Reporting of daily, hourly, monthly or quterly  progress as per importance of task and using problems those are preventing solutions to be in functional mode
7. Reporting is also crucial to monitor quality, and quality assurance consistency, transparency purpose cause after all customer is payer  so he has to know what is he buying, and delivery will be as per commitment or decided or on agreed time and he doesn’t want to get cheated and realize after making payment that he has been cheated and nothing can be done about it or whatever you do to reverse its too late.
8. If product or service is late or early than inform accordingly by reporting to customers with true reason and apology and in response find out lose or gain by making delay, and arrange early or timely delivery for producer and customers knowledge and improve the system for gain
9. Raise the final or Performa invoice and ask them when and how payment can be made which is safe for both side buyers and sellers and if any side is proven to cheater or cheated and its proven than they can go back never happen sell mode or have solutions ready to recover their money or products or service and if is there any compensation has to made than how it will done is pre decided and compalsury part of the deal.

Note: so make it pre decided what happens if deal goes right way or wrong way what will be done for sure so there are no disputes or very low or less disputes and buyers and sellers both have assurance to avoid pre sell and post sell hassle

10. Once transaction is completed send them summary and thank you note and if is there any delay or failure than send them apology note and true reason for it and inform clients about root cause of the failure and delay, and tell them how preventive action are taken and most likely it will not happen again or repeated to prevent same failure situation, so failure most likely will not be happen.

Also inform customers after delivery if you are happy with the services and products and timely delivery please do not hesitate to recommend our companies achievement for product and service quality and accuracy on timely delivery. You are also most welcome to give suggestions and solutions on how we can improve even better.

11. Segregate and analyze incomes by  expenses, gross profit and net profit, research and development budget and spending, money spent for customer acquisitions cost, cost of lose customer replacement and efforts to bring them back etc… various kind of fund tracking helps to control and improve the business
12. for better management and understanding divide income in to two parts

Stable income                                   vs               unstable income

Recurring regular income               vs                periodic income

 

Same way

New income

Lose income

Etc….

13. have income analysis and find out if you are stabilize and to do that know your area of business, know your customers, know your quality, and with combination of all above how to make stable income in to sustainable income
14. Explore joint venture in business when is viable, fruitful and comfortable and well worth
15. Understand rules, regulations and compliance and compulsory elements of the business you are in and act and react accordingly
16. Learn how to raise funds, returns funds in good or bad situation or lose or profit situation, save the fund for best future

Business improvement tips

1. Develop a strategy for successful business
2. Keep plan ready what to do if business fails or minimize the risk
3. Use the right business development methods
4. Understand and always remember your targeted audience and their demand closely
5. Study Industry and business leaders and understand their approach and see what can be adopt from it for better business
6. Attract customers through various strategies and techniques without misleading them or without making false promise because those things can harm even before business begins or while you carry on business you run
7. Lead generation is also part of good business communication method and can drive to success full business
8. Have collaboration and syncing with everyone who all are part of team members and contributors and supporters in success
9. Keep your expectations realistic as per business success and failure and hard work and smart work you do
10. Hire all the best business resources including people, expertise, technology, tools, raw materials etc…
11. Have a budget for all those things that needs certain funds for good results and growth
12. Let expert handle their tasks and tasks of which is part of their expertise
13. Be a expert in communication or hire communication experts to convey the core purpose of the business and benefits of it truly
14. Gain experience and knowledge and practice in making and selling products and services and keep on testing it along with business continuously
15. Practice hard, project management, business management and take it very seriously
16. Nurture professional relationship with clients but also draw your line before getting personnel or involving them in to your personnel or family matter same time do not get in to their personnel of family matter without knowing them especially when it’s not necessary to do so, or just to run a business cause sometimes over the time it turns out to be harmfull and not reversible cause person was strange, unknown and bad.

Note: business is part of life not life it self which will die if you don’t have your personnel business there are other plenty of earnings opportunities and work alternative or can be created if you find that you alone or in group cannot handle or stand the business and you can be also comfortable without that and somewhere else as being just business worker not owner.

17. Business is specially not for you when you realize or find that your mental and physical health state is much better without being in business therefore your life is also much better and happier in that case you go for those alternatives sometimes that can be proven even better than money or materialistic wealth

 

Business and product improvement example: In 1 landline types of phones or similar phones and having 4 to 5 cordless can save money rather than every family members paying for individual mobile. With this new technology those cordless can work outside as well or it can turn on in to mobile as well with turn or turn off button manually or automatically when you are away and near your landline phone or can be switch it as per need arise also it can take help of nearest landline, mobile or network or network towers help as well for time being use 

Note: landline phone can exist or take without having land line wiring network, it can work on satellite or communication towers or radars or on communication point spread across the globe where there are people to use or better communication technology is inside or outside of earth

General business notes:

As business person keep in touch with product and service trends, survey regularly your products and services and other products and services use business intelligence wisely and to stay ahead in business

Develop skills to analyze “return on investment” (ROI ) and consider all types of investments, data analysis, situation analysis and act and react quickly and accurately accordingly

Take help of subject matter experts to know more about that subject which is also part of your business

Recreation, likeable and favorite activities, also activities to refresh mind, or activities brings team members; family members close to each other also can be a business or part of business which helps to develop the business

Business equipments, machinery, laboratory, meeting room, conference room, presentation room, good ambience, friendly and healthy environment, living in inspiring thoughts to stay in right communication and well develop and well taste full easing and relaxing interiors, all these an much more in same category can be business boosting or business supporting factors as well but cannot be the only factors if you are ignoring products quality and services and fare price and ignoring business ethics.

Branding, business reputation, proven quality and usefulness or products and service proven true over and over again or any time such a practice can bring consistence or recurring business

Creativity to create and options and opportunities or to represent business and business products and service is also part of effective communication is also important part of successful business.

Business development plan, execution, business and customer, quality, tracking of these types business elements, tracking progress and lose, finding and filling the all types of gap, settings, meetings, meetings and failing the targets, over all archiving updating for good and to avoid bad, all these are extremely important part of business for now and in future.

Build connection and maintain relationship to success in every aspect of business

Very important: regain and recover the loss of all resources to sustain and survival for good or almost forever is very important to run home and business.

In business create win win situation for buyers and sellers so no one feels the too much pain of lose

Tracking and analyzing up cycle or up performing or down cycle or down performing are key indicators to make right, gainful or fruitful balance for now and for future

Performing and tracking and taking in consideration of all types of evaluation for ever is important aspect, all pivotal and non pivotal factors and all other part of business like people their expertise, strategies, business or secrets of running business, secrets of products and service making also part of successful business.

Focusing, finding and sticking to successful methods, systems, people, and secrets all and more of these are part of successful business and business developments

Recognizing and utilizing genuine opportunity, right times, right approach, right products, right service, right customers, all are part of very success full business and work

Timely testing of everything  that needs and testing when need arise for testing like products, services, safety, people, market, purchase, payment, method, ups and down trends and changes, such types of testing keeps you updated and keeps you in reality which better than fantasies, un real dreaming or false illusions

Realize the power of truth, festival seasons, promotions, gifts, hampers, discounts, clearance of unnecessary inventories and cashing them for better utilization or reinvestment these are good business practises.

learn how to avoid products getting spoiled or avoid keeping them until they get spoiled and no use for anything to anyone, or products expires and becomes unhygienic to consume, unhealthy, or becomes unusable before they are sold or you sell them, all these things are direct loses.

Wrong communication, wrong presentation, wrong commitment, wrong and fake claims all results in permanent close of business sooner or later, lose of customer, close of business survivals and reputation or goodwill, or simply it is negative and bad branding which has no future and effects many others negatively as well

Explanation:

Up cycling process is improving products, business and quality and gives more life and quality to products and service many times or may be always gives profit or gain

Down cycling process is going towards making bad products, bad quality, bad products less life span or deficit that results in decline in business or customers or lose

Note: above terms are very important for recycling and renewable products and where these terms are applicable and useful to recognize growth and lose or decline

Always keeping ready and maintaining all business tools and practice, machineries, backups, reserve and ready stocks, people in work and substitutes, updating news and updated resources with status, always being in touch with live and future products potential and possibilities, for products and services of the markets, all activities and changes logs, all check lists updated, for best process and quality improvement and consistency, all these are extremely useful tools and practices of the business and also very useful to sustain business.

Breaking commitment, breaking guarantee and warrantee promises, breaking government or industry rules and standards, running businesses including products and services which are harmful  to environment, people, nature, preventing and blocking positive, sustainable, use full and true activities and their true nurturing all these can result in decline  or  shut down of business and company and all the owners and supporters may have to face punishment, penalty legal law suit by customers for recovery of loss and can result in permanent close of business and any kind of business support they are getting, loss of business prestige and money, complete banned or barred on those types of all the business practice which gives these kind of harm full  results.

Artistic test and selection usefulness, life span, multiple or multy purpose usages, all these features in products and services can attract customers and boost the business if business owners have knowledge and awareness and know the fact about these or about best products maker can be hired also if business owner can recognized them truly

Other business boosting elements are,

1. To know affordability of the various types customers and targeting them and providing them affordable products only,

2. Having knowledge that this products or service is in demand on hourly basis, daily basis, weekly or monthly basis, seasonal basis, or yearly or once or twice in life time according to above facts you can set up your business such as food business, clothing business, homes and businesses, building materials business, maintenance services, safety services etc… so selection and choice of products or services and quality of that can have high impact or failure or success of your business or positive or negative outcome of your business.

Capital segregation like money reserved, money gain, working capital, capital for unexpected expenses, capital to be recovered, capital lose and reason for those lose, all these tracking and analysis on hourly , weekly or monthly, quarterly or yearly basis, clarity on income and lose of total business now and forecasting for income and loss and reasons for it, all these things can realize live and can be somewhat forecasted not certain but based on past, now and future study with the help of technology, market and customer on hand and now and upcoming competition and change in awareness of the customers, status of finance, inventory, expanses up coming and now, assets and liabilities.

To secure the future fund and assets also can be divided in to active and passive income to limit the risk and increase the financial safety, Such as income from fix deposit or financial market, investment in to bonds or fix income or insurance that gives monthly income or both, and insurance and some fund and income remains for business to survive in up and down of business and to meet fix business expanses.

Set up Smart business goals

Setting specific, measurable, achievable, relevant, safe and time bounding goals, goals with directions, focus and right efforts can be achieved

Stepping ahead of any upcoming change or troubles, lose, deficits, lose in consumptions, end of resources, finding solutions of problems now and in future with the help of history and advancement in knowledge can help a lot

Embracing all types best reason to be successful like best products, services, qualities, best results, best result oriented products making and marketing, progressive process, using best available resources and keep ready their alternatives, using and embracing best proven facts, budget, needs, seasons, minimum lose and recovering lose and maximum or enough profit or gain of business, considering time and emergency, people and their skills, etc.. Factors of possible and impossible availabilities all should be noted and remembered

Business is also depend on unique selling proposition (USP) and competition in that segment or category

Market, products, customers, demands, resources, cost, all are depend on following factors

1. Geography
2. Demography means situation of weather and environment
3. Products and services
4. Public or private
5. Eco system for that products and service to grow or die
6. Economical sectors like – industries, resources, infrastructure, distribution in place, may be yes or no distribution network in place
7. Financial market status for with growth and decline awareness
8. The functional and non functional factors

 

Other effective factors to overall are below here

 

Unstable politics and because of suffering and unaware governing

 

Inconsistent and constant changing economical situation and lack of knowledge in governing body how to handle those crises

 

Social awareness, lack of awareness, presence of awareness as per trends may be the per needs or not per needs

 

Changes, lose and rise, adjustment, updating of technology and solutions

 

Lose of resources and continuation of that no or unavailability of new resources

 

Unnecessary consumption or one type’s waste of resources

 

Availability of new resources or recovery due to new technology ideas and solutions and new discovery and knowledge of that also best research and development can open new business or boost the business

 

Other business effecting factors are natural and men made disasters like droughts, earthquakes, wars, partitions and rivalry of countries and huge and rapid consumption without replacement and alternatives, linking and breaking tie between countries and communities, people, company, wrong knowledge, wrong experience, remembering wrong, wrong practice, wrong trends, wrong approaches, lack of timely correction and improvements, lack of responsibilities, lack of alarming or notifying system before trouble comes  etc…

 

Availability or non availability of expert and solution savvy man power for all business related factors affects the business as well

 

Healthy or unhealthy business rivalry can result in gain or lose of business and work

 

Receiving and passing on best knowledge for business and work is all extremely important way of getting in to that knowledge or expertise related business

Note: no trade or exchange should take place without knowing trader such as buyer and seller of products or service each side. Make sure they are trading sustainable and permanent surplus and and try to prevent or preventing deficit or permanent loss products or metals or agriculture products etc... They should be in reference to ground reality knowing that the end result of these trades are right or wrong, good or bad, regardless of trade or exchange. Trade and exchange should take place only after approval of expert trading and exchange agencies or institution or council or association and concern governments and companies national and international to make situation right, long lasting, and when it’s possible always make that sustainable. Note: hopefully result should be in gain and good and improved quality with the help of research and sustainable development support from around the world. Hopefully these will bring good balance in the world but it may or may not stop permanent loss until research and development have reached to the permanent gain level not the permanent loss. It is possible to create surplus and gain; loss can turn in to gain within right time, right process and right innovation and discovery with help of enough funds and expert people doing so. All these gains and surplus are possible with right fund and right manpower using right technology constant efforts allocation in right, true and sustainable direction.

 

Support system should be in place from governing bodies and consumer groups and business workers and business associations or business councils and all right business supporting instuments for all who are part of the business. tips and notes are below here.

Add note: provide them full safety training to work and live and better future of their next generation should included in the system.

All are organized and traded same way or equally or as below mentioned

Accept that the lower industries have lower taxes and higher industries have higher taxes but they all are protected, traded and organized and works in very organized and secure payment system, secure service system and secure selling system secure products and service making with good interest of public, owners and investors.

With full government support, public support, private corporate support and financial and management support system to do right and better with fully covered insured business and income during lifetime.

Note: establish strong third party insurance and support to remove Burdon from both dealing parties which are buyers and sellers and third party which is insurance provider to avoid crime and establish safety and peace for all.

Author

Rajesh D

Founder of: Global e Business Hub

For good business, to become a good person always practice " Satya Gyan Dhan"

remeber good motto for ideal life is :

we all need is "only good enough health, wealth and happiness with peace"