Making Money From Your Business - Javnyuy Joybert
Joybert Javnyuy
Agile Business Analyst || Agile Coach || Scrum Master || Product Manager || Workplace Soft Skills Trainer ||
Every business owner knows that the ultimate goal of any business is to make money. However, not every business is able to achieve this goal. It is important for a business to be making money, especially if it has been in operation for a couple of months or years. After all, what is a business without money?
Being in business and broke can be a terrible experience. A lack of funds can prevent a business from operating effectively, resulting in a loss of customers, reduced productivity, and ultimately, failure. Therefore, it is important to ensure that your business is profitable.
To achieve profitability, it is important to focus on the following 7 key areas:
1. Offer a product or service that people want
Your business should provide a product or service that people want or need. Conduct market research to determine what your customers are looking for and develop a product or service that meets those needs.
Do you want to know more about the other areas? Register for our Mini MBA program in Business Strategy and Execution. Upgrade your business skills. Join this group and register;
Note this, it is essential for any business to make money to stay afloat. By offering a product or service that people want and other strategies, your business can become profitable.
Don't let your business fall into the trap of being broke. Take action now to ensure that your business is financially successful.
Cheers
Dr. Javnyuy Joybert
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1 年I'm searching for a picture
Data Science Enthusiast/Data Analyst/Research coordinator for Ferdsilinks Foundation, Advocate for STEAM approach, believe in Work Integrity and Founder of WiDS , MSc Management from the University of Buea
1 年Wao so educative sir Dr. Javnyuy Joybert . Thank you for the wealth of knowledge
Civil Engineer/Construction Manager @ Next Gen Developers | Project Management
1 年Very important to learn and know.