Survival skills ... continued

We pick from where we stopped  and give you what we promised. So how do you survive and at the same time sustain your business in this sporadic times? Survival tip one is that, questions of natural forces that are beyond your control must always be considered in your initial blue print particularly in your business plan. No one can tell when inflation will beat its path to your business. Cases of drought, war and even erratic weather5 pattens have never fallen short of occurring. These all inevitable issues must be thought through by every aspiring business personality. You have to attain and understand their impact to enable you position your business in a good foundation that will withstand their test supposing they took place.

Measure their weight, cost and how much friction they can stir around and save the findings. Do this analysis for your own good and future as you must remember that, you are not the only person running that kind of business in your vicinity. Mark and know your boundaries too well and seal them properly. A second factor to consider while thinking initiating a business is about a kernel tip, that of market information. You have a well formulated structure of how you want your business operate  and have fully cited out in your mind. Staging a business in mind and running it in real life are two different facets. 

Thereby putting you in that wanting stance of needing market information. Market knowledge is of high essence here as perhaps this is what will set you apart from your next door competitors. You need to understand fully the trends and behaviors of your relevant industry. What sells and what does not sell. Tell what survives the first five years and why and who fails within their first few months of launch and why. Tell the market receptions of product and services. Understand the strengths and weaknesses of your rival . How much do they know and how effective are they at work. Where are they failing and how can you take advantage of their weakness?
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Editor;youtooformorality