based on the fact that they will
To start a profitable business in modern conditions, you need to know some important points. The bottom line is that times have changed and now the business does not start as it began before. In the old days, it all started with the construction of the plant, if it was about production, or with the construction of retail space, if it was about trade.
How to start a profitable business
It was right to start a business like this in the past, because there was a widespread shortage of goods and services. You build a plant, produce anything, and it sells well. Or you build a shopping center, import goods into it and they leave like hot cakes. Now, to start a profitable business, you need to act in a completely different way. Continue reading
The main sources of profit are changing following a change in the economic level. We are currently moving from a fourth economic level to a fifth. Accordingly, very soon only businesses that are engaged in the creation of goods and the provision of services of the fifth economic level will be able to make good profits.
Sources arrived in modern conditions
The levels of the economy are called sectors. Currently, 5 sectors are distinguished: primary, secondary, tertiary, quaternary, quaternary. At different times, each of these sectors was a “locomotive of the economy” and gave the owner of the respective assets wealth and power, acting as a source of profit, power and recognition. Continue reading
Marketing as a business philosophy is the norm for a modern businessman. This is due to the fact that getting an effective business is now possible only through marketing. Such a business is the main goal of any shareholder, businessman, director, because an effective business is a sound sleep, calm nerves and a confident look into the future.
Marketing as a business philosophy
The use of marketing allows you to solve business problems if it has not been used before, and to make the business have fewer problems if it is used regularly. Marketing has become a lifesaver for businessmen. Only companies that make the most of marketing principles today are ways to become leaders and succeed. Continue reading