|3 Ps OF BUSINESS IN PATNA|
Let’s be real right from the outset — going into business for yourself isn’t always easy. In
Not only are you consumed with the “doing part” of providing your products and services, but you find that there is a myriad of other things you need to be concerned with such as marketing, managing staff, being on top of the numbers, staying updated on the ever-changing legislation landscape and ensuring that you are on top of any red-tape burden that is imposed on your business in an environment like Bihar and its capital Patna. The list doesn't end there, but we hope you get the idea.
Being passionate about what you do or good at what you do isn’t enough to build a successful and profitable business in and around
Being passionate about what you do is so important because during the more challenging periods, which you will most certainly face when establishing your new business in
Preparation is all about making sure you have a viable business model before you begin. It is about being clear on what your proposition is and who your target market is. A business plan is a vital document that must be prepared. In a nutshell a business plan is the road map of your business. It shows the destination you are seeking and details the path you will follow and the resources needed for you to get there. Financial projections form a major part of a business plan. You must know your numbers. Remember a business that fails to plan, plans to fail!
Provided you are passionate about what you do and have done the necessary preparation then you must have the drive, motivation and determination to see it through and not give up at the first hurdle. Remember, there will be “CRAP” (Criticism, Rejections, Assholes and Pressures) in your path.
But provided you have all of the three attributes, then there is absolutely nothing to fear about going into business for yourself. There will be obstacles and challenges (remember CRAP) but there is also no greater feeling and sense of achievement than being the master of your own destiny and building your own successful business in