This question focuses on the importance of strategic planning in business management, including aspects such as setting goals, allocating resources, and maintaining a competitive edge in the market.
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Your business strategy comes first, how are you going to make money, what do you need to do to make money, who has your money, you need to first map this out, and then you start executing else most of what you're doing is a waste of time. Most people are into business but it's like a job they are noRead more
Your business strategy comes first, how are you going to make money, what do you need to do to make money, who has your money, you need to first map this out, and then you start executing else most of what you’re doing is a waste of time.
Most people are into business but it’s like a job they are not actually making any money.
There are three things required to run a profitable business, one, idea, two resources (money, team, skills, etc.) to convert your idea into reality, and three, marketing strategy. If you lack even one of these, you will not be able to create and run a business. A successful business is a result ofRead more
There are three things required to run a profitable business, one, idea, two resources (money, team, skills, etc.) to convert your idea into reality, and three, marketing strategy. If you lack even one of these, you will not be able to create and run a business. A successful business is a result of a great product and a great marketing strategy, if you lack in these areas, you are not able to create a profitable business. Also, it takes a long time for a business to become successful
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