money

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Sphere of business.

Depending on what field the business is organized, and changing the final yield of the enterprise. You can select multiple areas of implementation of business projects: production, trade and services.

From the position of evaluating all of the risks involved, the most dangerous to open the case in the sphere of production. Because in order to get a good profit we need to invest in the idea and to create an effective enterprise, produce quality products and sell it to the buyer at a reasonable price. In the case when the released product is not much demand, the normal income from it will have to wait a long time.

In addition, the risks of losses are higher if manufactured food products and other perishable items (fresh flowers, cosmetics), because then the increase of loss from impairment of raw materials and finished products.

In addition, the manufacturer should be always “on the wave”, that is, to be aware of the slightest market trends: latest trends, consumer preferences, new raw materials and technologies, methods of advertising etc. Continue reading

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