managing a successful business

10 Areas You Should Focus On in Business

Article By Jimmy Muhinda An organised venture makes it easy to run and sustain over time. 1.EMPLOYEES. How do you hire/recruit employees ? What do you look for in an employee ? What tasks are available in your venture ?  How do you facilitate employees ? How do you  build their capacity ? How often do you appraise employee performance ? When and how do you retain or fire employees ? 2.CUSTOMERS Who are your customers ? What categories of customers do you serve ?What category makes you the most money ? What category makes you the least money ? What measures are in place to generate more money from each category of customers ? Must you serve all categories you currently serve ? How must  your customers be handled at all times ? How must feedback be received and responded to ? 3.SUPPLIERS. How do you source for suppliers ?How many suppliers serve you ? What kind of suppliers do you deal with ?What terms do you look out for ? How many of your competitors do they serve as well ? Under what terms do they serve your competitors ? 4. PRODUCTS/SERVICES What products/services do you offer ?

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