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That depends on your definition of "successful". But if you are talking about how long it will take to become profitable then that is a question that should have been addressed in your business plan, developed prior to the opening of the business. Your business plan serves as the model and will show when you need to become profitable. Typically businesses have a period of time after opening to become profitable, which means it is surviving on the initial capital invested during that time. Therefore, it is important to measure the realty against the model and understand the variances measuring the monthly financial report against the budget. Making a business successful is unlikely since 90% of new businesses fail within the first 5 years. Also, the average business life span is 7 years. If it is a restaurant you will have more success than other types of business and will make more profit.
An entrepreneur cannot measure progress without having something to measure that progress against and is why planning is so important.
Every boat need a sailor to sail the boat to the destination As management in the company is so much important,that only can think about this. A management is all in all responsible of the business success and failure, If companies management lacks the ability to take the corrective measure against the Opportunity and Threat exists in the industry requirement then an organization can't be successful.
The purpose of the SLM process is to ensure that all delivered services are monitored and measured against the agreed levels of service and that the results, expressed in accordance with the customers' needs, are reported regularly to the business and customers.
Most people think business planning starts with a business plan - but actually starting the business plan should only commence after quite a lot of preparation beforehand.My view of the business planning process is something like this (of course it's different for different people in different situations...)Vague idea for a product or businessDecision not to let it drift off but to consider it as a real possibilityPassive research - letting the idea 'settle' in your mind, chatting to friends and noting anything you can compare it against that you come acrossInitial judgment - if still interested leads toInitial active research - which should lead to a pretty big list of questionsInitial research on questions raisedSecondary judgment on the idea - if the idea is still viable it leads to:Tertiary research - following up any issues raised during 7. aboveTertiary judgment - deciding whether the idea is good enough to start business planning - if the idea is strong enough then start the business plan documentFirst draft of the business plan ... etcMost people think business planning starts with a business plan - but actually starting the business plan should only commence after quite a lot of preparation beforehand.
poop
because people have ideas
try doing some reseach on arguments against it then reverse it
There are no real, good arguments against planning. Having a plan is important in many cases.
Arguments against economic integration world leader command?
are you for or against voluntary work
There are many arguments for and against DNA evidence. One argument is that it cannot be disproved as deciding evidence.
Celibacy is abstinence from sex or sexual relations. There are arguments for it to protect people from unwanted pregnancy, sexually transmitted diseases and religious purity. There are arguments against it saying that it is restrictive and that it goes against following the laws of nature.
"The evidence for evolution countervails over the arguments against it." THis means that evidence for evolution counteracts the arguments against it.
The arguments against declaring independence were that the declaration of independance would lead to war and the colonist would not be faithful
8===================D
paradise