R I K A

Key Success In Business
1. Hard work, enthusiasm and dedication. Business owners must be committed to succeed and are willing to spend time and effort to realize its business.

2. Market demands are not widely available. For example if in one spot there was only a bakery, then another bakery would likely succeed, compared with those in place when the existing 20 bakeries. Here, employers are required to observant look at the market.

3. Managerial competence. Successful entrepreneurs usually have enough knowledge about what they have to do. They can be obtained through training2 competence, experience or draw upon the expertise of others.

4. Luck. Anyway good luck still plays determine the success of a business.

posted by Santi at 9:16 PM DR Siregar 13 comments
Main Causes of Failure in Business
According to the study, 60% of all new businesses are not reaching the age of six years (Business; Griffin & Ebert). Here are some things that affect.

1. Lack of managerial ability or experience.
Most businesses started by people who have no experience. Many people believe that management is "common", whereas if the entrepreneurs do not know how to make business decisions, most likely in the long term they will fail.

2. Negligent. After the opening, usually the enterprener back and not focus on the business. Starting a business requires a commitment of time and hard work in earnest.

3. Lack of control. Control systems help the businessmen to monitor costs, production levels, etc.. When the control system does not show the control on initial levels, mk entrepreneurs will be the next big problem facing difficulties.

4. Capital is not enough. A business must have enough capital to survive without income for six months. New business owners almost certainly will fail if they expect to pay all the bills in the second month by relying kuntungan in the first month.

posted by Sprott DR Siregar at 9:13 PM 6 comments
Franchises Small Scale
Starting a new business is something that is heavy and the greater the risk of failure. While buying an existing business (franchise) is also very heavy in terms of cost. For prospective entrepreneurs who do not have the experience and did not have enough capital, then became one of the products MLM distributor can be used as an option.

Many people look at negatively MLM marketing strategy. When in fact, this business is just one form of marketing strategy with a franchise system, but on a small scale and with too little capital. Each member is an authorized distributor that is bound to certain obligations and also has a certain freedom in accordance with the rules of the parent company. Similarly, large retailers such franchises KFC, Mc Donald, or laundry Laundrette.

Start a New Small Business
There are two ways to create a new business venture:

1. Starting a business from scratch
Some entrepreneurs feel more content with owning a business and decide everything myself. Starting from the product, management style, determination and lain2 suppliers. However, the risk of failure was higher than that by buying a franchise because the company name is not known.

2. Buying an existing business
What is meant by buying here are buying a license or franchise. Business itself is usually already known to man, we just continue with the requirements determined by the franchisor. Lack of buying this business is, employers are not free to determine the desired products and management. But the profits are, the smaller the possibility of failure due to an established name that has been owned by the business itself.

The business consultants and lenders generally recommend that new entrepreneurs who
do not have the experience to choose the second way, because of the possibility of failure is smaller.
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