Make sure you have a clear and concise business model or plan. Planning is key to a successful business.
Factors of a good business model :
- An objective, is your business is solving a problem or your product is trending?
- A mission, to support your objection you need a mission. Failing to follow up on your business progression can slow down its growth (Be consistent!)
- What is your business about?(short and long term goals)
- Are you able to measure your business plan? meaning meet the tasks, deadlines and changes.
- Are you and your team (if there is) capable of adapting to new implementation?
- Are you ready for commitment?
If your business model meets most of the factors above, you are off to a good start.
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