How essential has this word become in India? Everybody wants to start a business of their own. Most of them don’t like working under others. Sometimes working under others start frustration within some people who end up thinking that they will have to start their own way of business.
Business may be of types:
(i) Small scale
(ii) Medium scale
(iii) Large scale. Large scale business is always carried out on a larger and wider scale having both domestic and international level clients- a lot in number.
The main thing we require before starting a business:
(i)Capital Investment to start an office with good infrastructure and to buy the other commodities, electronic gadgets etc required
(ii)Good technical ability- Experience and a complete knowledge of what we are going to do which is utmost important because we must be very confident of the product and know from the scratch to the end of the product.
(iii)Good communication skills in order to attract a lot of clients or customers. Only if we have a complete knowledge about the product, we can be confident enough in selling the same.
(iv)Good managerial skills and leadership skills- A person should have the power to recruit eligible candidates by conducting interview, give them training about what the business is all about and about business ethics, manage people in such a way that he understands the official problem of people, able to sort them out and make people work towards success of the company.
A business should simply have a motto that it has to work for the betterment of the people and the company, not any one. Just know it.