ENSURING SUCCESS OF A SMALL BUSINESS.

in #business10 months ago


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Many small businesses are successful today not by accident or mere luck but because of the presence of some factors and conditions. These factors and conditions are the basic pre-requisites for success in any business whether small or large. Such factors include:

  • Existence of business opportunity.
  • Management skills and abilities.
  • Adequate capital and credit control.
  • Use of modern methods.
  • Insurance for measurable risks.

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