Companies are projects that are born from the combination of a dream, with the illusion and desire to be able to live from a job that we like. Many times, however, we see our dream turned into a nightmare, especially when the Results are not only as expected, but also, large losses are suffered that can lead to the ruin. The creation of a company must also be the result of an analysis realistic of the situation, of the conditions, of the market, of the demand, and taking into account factors as important as competition and advertising.
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Author of the photo: Mariana
All business for different phases of the companyRecognizing what phase we are in and what are the steps to follow while we grow with our company will be decisive for success.
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Creation of the company
A company is formed from the idea of one or more people, these people have a theoretical knowledge or practical about the operation of the company in question, and are able to carry out the basic tasks of the business.
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The creation of a company begins before its opening, the entrepreneur or entrepreneurs must do Market studies and the choice of strategies to follow to stabilize. The entrepreneur must also choose the tasks that his company will take care of and have a tight control of the accounts.
The creation of the company culminates with the birth, initially, the entrepreneur will dedicate many hours to his company and will take care of all, or almost all tasks, but when the demand starts to grow, the entrepreneur will need to expand his deal.
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Business maturity
The business maturity process begins when the demand for products and services is higher than in the first months and, it has stabilized, that is, it does not attend a seasonal "peak", for example by season Christmas.
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In this phase, the entrepreneur will need help to carry out the company, in addition, practical knowledge about "his" company and the market it is targeting. They will allow you to make a restructuring of your company and its functions to optimize its resources obtaining the most the most profit with the least investment.
It is also during business maturity when a correct staff pick it has a fundamental role, since the employees will be the ones who lead the company to consolidation.
The consolidation of the company
Good work and investment and employee decisions have resulted in a clientele fixed monthly income with income that allows the payment of expenses, salaries, and even a small margin from Benefits. However, the company is like a living organism that plays in a changing environment, the entrepreneur must always be attentive to market eventualities or new demands.
Knowing what phase our company is in, to identify in advance the possible problems that may occur, is key to achieving success.
