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001-007 - What Makes A Business Successful?

There is a high failure rate in small business. This paper analyses the key ingredients to a successful business. The paper is presented in sixteen pages covering a wide range of matters including: The High Failure Rate Should Make You Concentrate On Success Characteristics Of Successful People ...Read more
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There is a high failure rate in small business. This paper analyses the key ingredients to a successful business.

The paper is presented in sixteen pages covering a wide range of matters including:

  • The High Failure Rate Should Make You Concentrate On Success
  • Characteristics Of Successful People
  • Develop A Mission Statement
  • List Your Disadvantages
  • Prepare A Written System
  • Planning Is Essential
  • Know Your Market
  • Marketing Plan
  • Business Plan
  • Succession Plan
  • Do Your Homework
  • Install An Effective Telephone System
  • Create A "Professional" Approach
  • Create A System For Creation Of Word Of Mouth Referrals
  • What Is Your Unique Selling Proposition?
  • Try And Get Customers To Say - "WOW"!
  • Why Would People Do Business With You?
  • Establish A Customers Advisory Committee
  • Build Personal Contacts
  • Show Them That You Care
  • Remember The Power Of Word Of Mouth
  • Develop A Loyalty Ladder
  • People Want You To Lead And Educate
  • Know Your Target Market
  • Think Like The Customer
  • Avoid The Curse Of Assumption
  • Instill A Belief That You Can Be Trusted
  • Price From The Customer's Point Of View
  • Trust Is Important
  • Employ Dedicated Staff
  • Get The Best Staff
  • Embrace Staff Training
  • Encourage Up-Selling And Cross-Selling
  • You Must Have Self Belief
  • Understand The Leader's Role
  • CEO's Role
  • Don't Be Afraid To Make Mistakes
  • Find Something Positive In Everything You Do
  • Continually Learn
  • Attitude For Business Success