4 Business Principles

1. Huge Expanding Market : Whatever business that you involved is still a business. But the problem is can your business expanded within your nation? or even worldwide? Many people will think of this is only can be done by the big corporation eg McD fast food chain stores. Just imagine your business now is expanded in China mainland, and the numbers of your business outlets are growing like mushroom after the rain. One of the best way for business to go beyond your country is by getting involved a business who has huge market expansion worldwide by using the internet from home.

2. Unique Consumable Product :　Business can be divided into products or services. The company that can survive for many years definitely has it's strengths. One of its strength is the products or services are unique. Very little competitors and it is always the leaders in the market in its uniqueness. If you do not has the uniqueness, bear in mind, your business is under heavy competitions, price wars etc. Your business may knock down by the competitors after few round of price wars. The Products or Services must be a daily consumable, so that you got repeated sales generated daily.

3. Timing : Timing is everything! In business, timing is everything. If you missed the timing, probably it is out of business! Unless you are professional or expert in your field like a surgeon. His service is highly needed and he/she got to work hard for his patients due to demand on his/her expertise is high! For a ordinary people, how to catch a right timing for a business you want to get involved? You may notice for the market demand trend, what are the biggest demand trend from now till 10-20 years? People who are can catch the business in front of the trend probably is making the huge sum of money compare to those who missed the trend.

4. Employ others so that you get more done : In any business, if you want to do it alone, then you are probably a self-employed who work at it own capacity. But you would become very tired at the end because you have limited time and resources to run the business. In McDonald business, the business is a simple and unique business, but he has employed others to do the same, so that the owners of McDonald can make more profits. The idea behind is a smart businessman wanted to make only 1% of total sales from the group or corporation instead 100% but it own sales.

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