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Author Topic: Building a prosperous business  (Read 1023 times)
eightdots
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August 07, 2023, 07:54:52 PM
 #141

Business is always full of competition, without competition the consumers and retailer can not express their thoughts toword the products in the market, no business without competition just like Bitcoin and altcoins investors invest in bitcoin with bigger capital than altcoins, although the price of Bitcoin is higher than altcoins.
Without competition the market will not have good quality products, so as a POS business director always record finance data and expenses because it will help you to know if the business is profiting you or you are lossing.
Competition is something that we cannot avoid in the business world. Because competition will always exist in any field. There are several benefits that occur when a business field has a high level of competition. That is, every company will try its best to improve quality and be better than its competitors. In fact, an innovation is often created as a result of encouragement from intense competition. In fact, competition is also good at holding back the pace or even stopping price manipulation that can harm consumers. But when a business in an area has no competitors. So a business company that is the only one in that area could play with prices and take more profits without worrying about consumers leaving. Because there really is no other place that can be used as a destination by consumers in the area. Competition does make business difficult. but did create some positives in it.

Competition is not always good. A stronger business than you will sometimes change its prices, beat you in the competition, and cause you a loss. Competition is usually good for the customer. Due to competition, it becomes much easier for customers to reach higher quality and cheaper products. The customer benefits from this. However, in addition to the positive aspects of being competitive, there are also negative aspects for businesses. Especially the unfair competition practices of large companies leave many businesses in a difficult situation.

In terms of businesses, competition is positive if the financial strength of both parties is the same.

Competition for customers is often in the interests of customers.

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August 07, 2023, 11:17:39 PM
 #142

Business is always full of competition, without competition the consumers and retailer can not express their thoughts toword the products in the market, no business without competition just like Bitcoin and altcoins investors invest in bitcoin with bigger capital than altcoins, although the price of Bitcoin is higher than altcoins.
Without competition the market will not have good quality products, so as a POS business director always record finance data and expenses because it will help you to know if the business is profiting you or you are lossing.
Competition is something that we cannot avoid in the business world. Because competition will always exist in any field. There are several benefits that occur when a business field has a high level of competition. That is, every company will try its best to improve quality and be better than its competitors. In fact, an innovation is often created as a result of encouragement from intense competition. In fact, competition is also good at holding back the pace or even stopping price manipulation that can harm consumers. But when a business in an area has no competitors. So a business company that is the only one in that area could play with prices and take more profits without worrying about consumers leaving. Because there really is no other place that can be used as a destination by consumers in the area. Competition does make business difficult. but did create some positives in it.

Competition is not always good. A stronger business than you will sometimes change its prices, beat you in the competition, and cause you a loss. Competition is usually good for the customer. Due to competition, it becomes much easier for customers to reach higher quality and cheaper products. The customer benefits from this. However, in addition to the positive aspects of being competitive, there are also negative aspects for businesses. Especially the unfair competition practices of large companies leave many businesses in a difficult situation.

In terms of businesses, competition is positive if the financial strength of both parties is the same.

Competition for customers is often in the interests of customers.
You are right. Customers are the ones who benefit the most from the intense competition that occurs within the business sector or in the business market. Because well, as you said, the company will try to create quality goods but at prices that can compete in the (cheap) market. As recently, there are many cheap cellphones with high specifications that beat their competitors who have expensive prices. So that it makes products that are originally expensive to decrease in price to offset market prices.

But competition is tough for companies that have just launched, especially with not large capital, so competition makes it difficult to develop. Because a company that has just been built must be faced with other companies that are more experienced and have more consumers. This is where the difficulty occurs because new producers must be able to create new things that have not existed before to attract consumers to them.

Intense competition, many of which even make small companies do not continue their business due to not winning in the competition. Well, the point is that competition makes things not easy for business people, but it becomes an advantage for consumers.

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August 08, 2023, 06:42:15 AM
 #143

~snip~
You are right. Customers are the ones who benefit the most from the intense competition that occurs within the business sector or in the business market. Because well, as you said, the company will try to create quality goods but at prices that can compete in the (cheap) market. As recently, there are many cheap cellphones with high specifications that beat their competitors who have expensive prices. So that it makes products that are originally expensive to decrease in price to offset market prices.

But competition is tough for companies that have just launched, especially with not large capital, so competition makes it difficult to develop. Because a company that has just been built must be faced with other companies that are more experienced and have more consumers. This is where the difficulty occurs because new producers must be able to create new things that have not existed before to attract consumers to them.

Intense competition, many of which even make small companies do not continue their business due to not winning in the competition. Well, the point is that competition makes things not easy for business people, but it becomes an advantage for consumers.
Isn't that the weirdest thing you've ever heard about, this inflation thing you're talking about? Prices are constantly rising and never falling, if you look at them. It appears as though they are engaging in some sort of game with us. And while we're all frantically racing in circles and attempting to stay up, we keep slipping behind

And in regards to what you said regarding the administration, it is true that they appear to be living in a fantasy world while claiming that everything is wonderful here while we are actually having financial difficulties. Though not in a "ha-ha" way, it's a tiny bit amusing

The bizarre part of it, though, is here. What happens if the inflation is not the only issue? Perhaps we are simply reflecting on the past and believing it to be better because things change. Who is to say, though? Just keep going forward, isn't that all we have to do? Maintain a positive attitude and a smile. We will survive despite the strangeness of the outside world

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Uruhara
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August 08, 2023, 10:25:56 AM
 #144

~snip~
You are right. Customers are the ones who benefit the most from the intense competition that occurs within the business sector or in the business market. Because well, as you said, the company will try to create quality goods but at prices that can compete in the (cheap) market. As recently, there are many cheap cellphones with high specifications that beat their competitors who have expensive prices. So that it makes products that are originally expensive to decrease in price to offset market prices.

But competition is tough for companies that have just launched, especially with not large capital, so competition makes it difficult to develop. Because a company that has just been built must be faced with other companies that are more experienced and have more consumers. This is where the difficulty occurs because new producers must be able to create new things that have not existed before to attract consumers to them.

Intense competition, many of which even make small companies do not continue their business due to not winning in the competition. Well, the point is that competition makes things not easy for business people, but it becomes an advantage for consumers.
Isn't that the weirdest thing you've ever heard about, this inflation thing you're talking about? Prices are constantly rising and never falling, if you look at them. It appears as though they are engaging in some sort of game with us. And while we're all frantically racing in circles and attempting to stay up, we keep slipping behind

And in regards to what you said regarding the administration, it is true that they appear to be living in a fantasy world while claiming that everything is wonderful here while we are actually having financial difficulties. Though not in a "ha-ha" way, it's a tiny bit amusing

The bizarre part of it, though, is here. What happens if the inflation is not the only issue? Perhaps we are simply reflecting on the past and believing it to be better because things change. Who is to say, though? Just keep going forward, isn't that all we have to do? Maintain a positive attitude and a smile. We will survive despite the strangeness of the outside world
Well, we have no choice if we talk about inflation, price increases, technological advances, government policies and other things that continue to accompany the passage of time. We can only continue to follow it and try our best and well we have to keep a positive mind and keep going while analyzing every journey we go through and also analyzing what we will prepare for the future.

Building a business or becoming a freelancer or even being an employee or whatever field we are currently doing. At least we have to do it to the fullest and with an optimistic mind. Maybe if we think too much about inflation then we will only be filled with resentment and such. And that is not a good thing. So it will be better for us to enjoy every process.

Likewise in building a business. We must enjoy every process that we build. Everything may feel heavy when starting at the beginning. because surely a lot of things that we didn't know before are starting to come to us. But if you run it well and stay consistent, your business will grow over time. The important thing is we must be able to adapt to the times.

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August 08, 2023, 10:50:41 AM
 #145

In building a prosperous business, one of the most important considerations is the financial capacitation for making an establishement which will require steady funding more than you ever expect because that's what is going to sustain the business together with the adopted model of operations designed for the business to follow, if we fo by the required standard and procedures for business development we will then arrived at an average performance for the first time and that could help the business sustainable through the process as it continues.
Starting your own business requires a good plan. Whether you have the money to start a business or not, you need to have a good plan before starting a business. When you have a good plan for building your business, you try to work according to that plan. If you don't have enough time to do business at that time, you will try to arrange money in phases. But if you don't have a plan you can't start your own business even if you have money so we need to have a proper plan first. Either before or after some time you will definitely have money, with proper planning it is possible to start your own business with money anytime. And building your own business is a right decision for a person because life does not always go in one way and at some stage of life people have to lose their jobs or other workplaces.  .

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lizarder
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August 09, 2023, 06:10:31 PM
 #146

Starting your own business requires a good plan. Whether you have the money to start a business or not, you need to have a good plan before starting a business. When you have a good plan for building your business, you try to work according to that plan. If you don't have enough time to do business at that time, you will try to arrange money in phases. But if you don't have a plan you can't start your own business even if you have money so we need to have a proper plan first. Either before or after some time you will definitely have money, with proper planning it is possible to start your own business with money anytime.
That's true because building a business is not as easy as it sounds and there are many challenges that we need to overcome so that the process of achieving success is determined by how prepared we are to develop a business. To be honest, I never agree when people say that you don't need to have a lot of money to build a business, because there is no way to build a business if it is not supported by sufficient capital. Business planning must also be seen at the level of potential and if it is forced beyond the wishes of the market or consumers, then the business being undertaken will be in vain and that is what is called planning or accuracy.

We also believe in lifelines and that's why not everyone is born to do business, so when we are not compatible with doing business then it is better to look for other ways to make money. Business is not the only way to make money and there are many other places that can bring someone to the stage of financial ability. So before deciding to do business, you should first identify your potential and whether we have the ability to run a business or not?

And building your own business is a right decision for a person because life does not always go in one way and at some stage of life people have to lose their jobs or other workplaces. 
I remember one old parent's advice, if you want to look wealthy then build a business and we must look for business experience from people who have succeeded. That's advice that continues to be instilled especially in my family and now all of us have our own businesses and I have to admit that doing business is not easy and there will be moments of saturation that disrupt our consistency.

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August 10, 2023, 11:12:31 AM
 #147

Starting your own business requires a good plan. Whether you have the money to start a business or not, you need to have a good plan before starting a business. When you have a good plan for building your business, you try to work according to that plan. If you don't have enough time to do business at that time, you will try to arrange money in phases. But if you don't have a plan you can't start your own business even if you have money so we need to have a proper plan first. Either before or after some time you will definitely have money, with proper planning it is possible to start your own business with money anytime. And building your own business is a right decision for a person because life does not always go in one way and at some stage of life people have to lose their jobs or other workplaces.  .
Everyone who has a trading spirit certainly has the desire to start a business because they don't want the money they make not to be used to make more money. But in building a business, of course it is not as easy as people say, we must have careful planning to run the business that we are going to build, if we do not prepare our plans properly then we will not get good results later and it will be a waste of time. We.

You are right that not always our workplace can accept us working for them, anything can happen in our world of work, of course we have to be prepared for all of that, therefore it is better for us to prepare well in advance by planning it build a business.
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