Keys To Success In Business Plan

Keys To Success In Business Plan-7
You should have a goal to grow 10 percent, 20 percent, or even 30 percent each year.

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I saw this article and infographic in Entrepreneur on how to develop a successful business plan and said “they nailed it!

” You’ve heard me talk about successful business plans from time to time.

Your ability to satisfy your customers to such a degree that they buy from you rather than from someone else, that they buy again, and that they bring their friends is the key determinant of growth and profitability.

Key Requirement The key requirement for wealth building and business success is for you to add value in some way. All business growth and profitability come from adding value.

Every day, you must be looking for ways to add more and more value to the customer experience.

Key Focus The most important person in the business is the . Customers are fickle, disloyal, changeable, impatient, and demanding-just like you.

The focus on outward contribution, to your company, your customers, and your community, is the central requirement for you to become an ever more valuable person, in every area. Key Strategy In a world of rapid change and continuing aggressive competition, you must practice Dun & Bradstreet analyzed thousands of companies that had gone broke over the years and concluded that the number-one reason for business failure was “low sales.” When they researched further, they found that the number-one reason for business success was “high sales.” And all else was commentary.

Key Question The most important question you ask, to solve any problem, overcome any obstacle, or achieve any business goal is “How? Key Number The most important number in business is Cash flow is to the business as blood and oxygen are to the brain.


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