Annual and monthly open many small businesses owned and managed by one
person, the so-called individual institutions, companies or joint,
which is a shop selling meat or shop selling food or clothing, and
some provide recreational services such as the opening of cafes, and
some are convinced that the market restaurants The market is
successful draft comes a new restaurant, may offer a new type of food
or traditional food.
And these institutions often individual enthusiasm and optimistic
vision for the future of a bright and big profits, are often invest a
large sum, believe the success of the project and support for the
idea, and it may be that amount Thoieshp age, wealth will get some of
the wealth or a generous grant from the father or relative.
Disturbing dreams:
When the project starts to work, and this is having a significant
amount has been disbursed, since normally spend a substantial amount
of equipment the initial preparation of the business and insurance of
goods, the owner finds that the dreams and hopes built on the success
of this project has been required of them, there was no Visitors to
the exhibition, there was no demand for merchandise, and there is no
wish to experience Otamth, or they did not receive the required
approval, there was no request from the service and turned the dream
of vertical and horizontal expansion, and big profits, disturbing
dreams turn to nightmares and frightening failures on the next , And
shattered hopes, and money wasted, and remorse for what has been done
in this business venture failed.
According to statistics, many new projects fail, but there is more
than 55% of the projects are faltering, and end more than half of the
final liquidation of the first two years, including what is being sold
to larger rival or integration with it.
Failures:
There are two types of failure are two businesses, and under each of
these kind of scores are failures:
-The first type is a strategic failure:
Under this kind is not to study the feasibility of a genuine and
effective process for the success of the project, it may be the main
motivation is convinced good personal goods, or watch the success of a
similar project, and believes that the success of the new venture will
be a similar project.
-The other is the failure tactical failures:
The intention is that the idea might be successful, the project can
succeed and achieve the required profits, but there is mismanagement
of the required implementation.
-Success factors:
The success in business is not the form of hard, but it requires some
kind of direct personal supervision at work, and not to leave
management and disposal in the hands of others, author of the work
would be more vision and the interests of wealth and development.
In a study published on the pages of the Sunday newspaper Tames on the
conditions of the success of the personal projects gives us some
reason for the successful and great success for these reasons:
1 - oversight of personal money, he said, who won more success Failure
to supervise the money is one of the reasons for failure, and money in
the hands of non-owner calls for embezzling and his escape to the
non-owner.
2 - diversification and innovation, while remaining in the same
service, the restaurant owner you, it is not wise to always keep the
same menu, and must change the list every two months, as well as the
decor These things are part of attracting customers.
They warn of subsidiarity different, the owner of the restaurant, for
example, sell newspapers or to sell food reserved.
3 - in the case of large expansion and the advice provided by
successful entrepreneurs is to search for a partner, to be the manager
and financial officer for this new branch, then ensure success and
financial supervision.
4 - Trade cleverness, but not within the Savvy deception and deceit,
the Secretariat and the cleanliness of the property is a positive
success.
5 - Be generous with the employees with you, they are one of the
reasons for success and one of the reasons for failure, but Astattt
provide them with a percentage of profits, teach them the right to
advance it, their participation will vary, you workers of the partners
in profit, and redouble their shop in the service and trade
Suggestions that you owned and owner.
6 - and repeated the advice at every successful says that success does
not come easily, you have to walk and crawl to success and should
neither be defined before the walk. The patience of the difficulties
that accompany all work at the beginning is the secret of success.
Success does not come quickly or easily.
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