How do you ensure longevity in your business

[Trexxxy]

I'd like to know some methods employed in today's business environment that allows businesses long lifespans especially taking into consideration different market trends. Cost, inflation, marketing cost and so on.

 

[Golden_ear]

Longevity of business can be achieved by making sure one see to day activities of the business and also gives workers loyalties bonus aside there wages.

 

[Lyrrex]

I'd like to know some methods employed in today's business environment that allows businesses long lifespans especially taking into consideration different market trends. Cost, inflation, marketing cost and so on.

One Strategy you can employ to ensure the longevity of a business is by doing business reviews from time to time and ensure that your customers are always satisfied

 

[Lagazine]

Your endless activities will determine your longevity in a business. If you can stay put and have believe in whatever business you are doing, you will definitely earn more.

 

[Sariana23]

I think that one of the key points to maintain longevity in a company is good management, constant product updating, going hand in hand with modernization, having satisfied customers with the sale of quality products apart from having good employees and loyal to the company, which is achieved by valuing and encouraging each of them, whatever the position.

 

[Venant]

Ensuring longer term business duration solely depends on the business owner. Here he or she has to inculcate some self discipline like unnecessary spendings and careful evaluation before committing money.

 

[Ehizzy1]

I think to ensure longetivity in business you have to plan very well and invest more into the business but note that you also need to manage your risk well

 

[Josemendez]

Good planning , risk management , good business management are things that ensures longititvity of a business . Stock taking can't be underestimated as well

 

[WhiteHouse]

Develop Financial Statements ::Financial statements are the framework for the accounting cycle. In other words, the income statement, the balance sheet, and the statement of cash flows provide a picture of how well your company is doing financially. Financial statements structure all financial data in a manner that is easy to understand and should be prepared with accuracy. These statements assist you with assessing financial performance and determining key business decisions.

 

[Nurudeen]

Your consistency and hardwork will determine your longetivity in Business. This is very important if you want to last long in your industry

 

[adazeez1995]

It is very important to do a feasibility study before venturing into any business that you would like to engage in for a long time and ensure its success. Also, make sure the product or service you are offering is solving a basic need or problem in the society and that the your customers are ready to patronise you irrespective of the season of the year or economic conditions. If your product is one that is indispensable to a large number of people, then your business will continue to thrive for years to come.

 

[Richard92]

You ensure longativity in your business by being consistent and dedicated to your business and also bringing a new strategies and innovation in order for you to maintain and sustain your customers and also keep your customers coming.

 

[Shigobad20201]

I'd like to know some methods employed in today's business environment that allows businesses long lifespans especially taking into consideration different market trends. Cost, inflation, marketing cost and so on.

For business life span to be long, we have to consider some certain process, 1,by using disciplined approaches to developing leadership and executive skills.
2, we must control growth and maintain motivation.
3, we must establish a realistic vision of the future.

 

[Victor001]

Its one thing to start a business and another to run the business.Most business kick of on good notes and couldnt stand the heat. Its in our own best interest to always apply good business practice like self discipline, balancing capital and liabilities, make room for adjustment incase of any setbacks.

 

[idhans]

I'd like to know some methods employed in today's business environment that allows businesses long lifespans especially taking into consideration different market trends. Cost, inflation, marketing cost and so on.

If you want to stay long in any business then you have to stay competitive, and if you have to stay competitive you must maintain your standard, and quality of your product. To maintain the standard of your product, you must take your staff welfare into consideration. There are quite a whole lot of things to do in order to stay long in a business.
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I'd like to know some methods employed in today's business environment that allows businesses long lifespans especially taking into consideration different market trends. Cost, inflation, marketing cost and so on.

If you want to stay long in any business then you have to stay competitive, and if you have to stay competitive you must maintain your standard, and quality of your product. To maintain the standard of your product, you must take your staff welfare into consideration. There are quite a whole lot of things to do in order to stay long in a business.

 

[eLdavis]

be flexible enough to go with the latest flow or trend of the market.

always be prepared and ready for competition

Calculate your risk and dont take unessary risk

Make proper investigation about goods before you purchase them

 

[Oliver 20]

Set up a reasonable vision of things to come. Enduring business pioneers additionally coordinate their vision to their capacities. They influence one accomplishment into another instead of making fast, tremendous jumps past their abilities.

 

[WhiteHouse]

Solid corporate personality and culture

The management of center qualities

The management of associations with colleagues

The management of associations with workers

Association in the nearby local area

 

[Ridorz]

There are many ways to keep Business longevity. As Business man that wants his business keep longevity must be make a good plan for business and arrange a well management. Customer service is another major thing to keep Business existing.

 

[marky]

I feel that one of the central issues to keep up life span in an organization is acceptable administration, steady item refreshing, going inseparably with modernization, having fulfilled clients with the offer of value items separated from having great workers and faithful to the organization, which is accomplished by esteeming and empowering every one of them,