Keys to Operating A Successful Business

keys to success
Keys to success
Before I began my own business, I worked in the corporate world for 15 years.   I had many bosses, became knowledgeable in different fields, and learned what works to operate a successful business.

Two of the companies I worked for went out of business. Looking back, I now understand why these companies failed. There was mismanagement, no quality control, lack of incentives for employees, poor moral, and mini-dictators in every department. The bottom line is that top management just did not care.

Before you begin a business, it is important to find out if you have the qualities necessary to run you own business. There are many ways to become a business owner including:

a)           Start a business from scratch

b)           Purchase an existing business

c)           Buy into a franchise system

Each of the options listed above have their advantages and disadvantages. However, they all have something in common: You have the power to control you own destiny. A business lives or dies by the owners decisions.

You must ask yourself these questions before you begin any type of business:

1)           Do I have good customer service skills

2)           Can you relate to employees in a positive manner

3)           Are you decisive enough to make important decisions

4)           Can you delegate without micro-managing

5)           Are you organized

6)           Do I have the persistence needed to build a long lasting brand

7)           What is my vision for the company

A successful business takes time to build. One must grow the business in such a manner that it does not grow out of control. Employees must be trained before you open for business. Ensure you have enough start-up capital to cover all expenses during the initial start-up phase. A feedback system should be in place to receive customer comments.

Operating your own business is an exciting and rewarding experience. To be successful, you need to follow a well thought out plan and have the persistence to see it thru.

Jonathan Bergstein

Jonathan has operated Maid To Sparkle cleaning service since 1998. He began to franchise the company in the past year to help individuals start their own business. Jonathan has a passion for customer service which he believes is central to keeping customers and attracting new clients. His franchise concept shares the same ideals in which new franchisees will be taught a proactive attitude that will provide the franchisee a competitive advantage.