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Attributes of a Successful Business

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Throughout my years of self-employment, I have seen hundreds of businesses come and go. This has given me an interesting perspective on what basic elements a business needs to succeed. I have concluded that a successful business is like a stool with three legs to keep it stable. They are —

• operations,

• selling and marketing, and

• finance and administration.

In order for a business to succeed in the long run, it needs to be actively engaged in all three functions. Let’s look at each and see why.

Entrepreneurial Itch

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