Business Activity || BUSINESS STRATEGY [Club75] @daprado1999

To start a business there must be laid down rules and regulations of consider before starting off. An entrepreneur cannot just wake and start a business without adequate business strategy too.

Business strategy are laid down rules, etiquette, and professional actions carried out by an entrepreneur to attain maximum success and unhindered profits from start-ups and ventures intended to be carried out.

BUSINESS STRATEGY GUIDELINES

I would be sharing some guidelines in business to enhance success in business and maximize profit from ventures you embark on.

• CAPITAL

Capital plays a key role, it's a principal business strategy which requires funding for little start ups or big explosive business. To start a business it's quite expedient that you have a budget containing capital which is needed for the business. Capital can be achieved through loans, leverages, gifts or savings. This is the bedrock of business. Without capital your business remains a regular paper work of architectural design
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• BUSINESS PLAN

A good business strategy vital in business is the master plan. A good business plan when researched, observed and analysed is a weapon of business. A good business plan should be implemented. The success in business is partially dependent on the quality of business plan prepared
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• INSURANCE POLICIES

This is a huge business strategy as you need a good insurance scheming policy in business to be able have your business secured. Security in business is crucial and insurance companies supporting business offers a lifeline in business and it's a very great business strategy option to forestall cost of damages or disaster incured in the future.

• LOCATION AMD PROXIMITY

In business the location of business is very crucial too. The location should be placed close to the raw materials needed for the business. A good location reduces the expenses of transportation. The location has a major role in play in business. Businesses should located close to final consumers. The proximity is important for easy accessibility to elements of your business and provides maximum advantage over competition. Proximity plays a role in business strategy.

• REBRANDING AND ADVERTISING

A great business strategy requires rebranding and advertising. When you rebrand a product it makes it more appealing to customers and plays a role in advertising. The rebranding and advertising goes together as rebranded products provide attraction and enables advertising easier and faster. When you rebrand your product after review it provides maximum utility to the final consumers.
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CONCLUSION

It's evident that success achieved in business is not based on the business name or owner of business but directly influenced by the business strategy etiquette you put in place to achieve success in your business venture.

BUSINESS DETAILS

Business name	Business Strategy
Owners name	@daprado1999
Business address	Enugu, Nigeria