Friday, August 26, 2011

BUSINESS DEVELOPMENT PROCESS - II by Dorababu BBM

  1. The first and foremost thing to a person who was going to start a business must be in good condition like being cool, talkative and fearless.
  2. He should be a good motivator.
  3. He has to improve business relations with the businessmen of same business.
  4. He should have the social relationship.
  5. Do the survey about the business which is going to start, it should have enough demand in the society.
  6. Select a person who have the ability to tackle the situations in our absence and he should be trust able.
  7. Proper number of employees who are going to work in the company should be registered.
  8. In case of production know about the sources such as availability of raw materials and way to sell the product.
  9. know the sources of finance.
  10. Political relationship must be good.
  11. Proper business center should be selected.