Have you ever wondered what you need to know to run and grow your business? There are several areas that you need to at least know exist, and their importance and impact on your business. First of all, visualize everything you do with your business in 2 stages: Attraction and Transaction.
That is, its survival and success depends on these two factors. How many customers you attract to your business and how many transactions you make with them. Your goal would be to attract the maximum number of potential customers, and do business with the maximum number of them. This looks simple but it is complicated and requires a lot of attention.
To achieve Customer Attraction you need to know marketing, promotions, public relations, or the Internet, for example.
For the Transaction you need to know customer service, pricing techniques, product modules, and sales schemes, etc. And to make the two of them go well, he would need a plan, money, collateral, and business techniques to support it.
In summary, the most important pillars of a business are:
Whether in an existing business or a new one, its analysis must consider these elements in order to understand the strategy to follow to achieve success.
- THE UBICATION
- THE PRODUCT OR SERVICE
- CUSTOMER SERVICE
- MARKETING
Here I expose other very important areas for the proper functioning of a business:
- Procedures and Permits
- Money Plan, Capital, Loans
- Marketing and Promotions
- Common Business Mistakes
- Technology and Internet Support
- Financial Growth
- Customer Service
- Basics of Accounting and Taxes
- Continuous Learning and Training
- Access to Qualified Business Advisor
