James Lavud Posted September 25, 2017 Share Posted September 25, 2017 Why do I need to define my business in detail? Link to comment Share on other sites More sharing options...
Samanta Posted September 25, 2017 Share Posted September 25, 2017 It may seem silly to ask yourself, "What business am I really in?" Many business owners have gone broke because they never answered that question. One watch store owner realized that most of his time was spent repairing watches while most of his money was spent selling them. He finally decided he was in the repair business and discontinued the sales operations. His profits improved dramatically. Clearly defining your business or your purpose will give a true sense of direction as your venture develops. Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now