Sunday, 15 May 2011

Running a Business

When running a business it is very hard challenge to do.  Is is do to paying all the bill, making sure that all employees are getting paid, and are also to make sure that the business have enough money to run it day to day expense.  In having a business there are rules and regulation that are set by the state or country you are living in.  A business most first register their business and getting a trade license to operate.  They must also have a location that is assessable by their customer and suppliers so has to increase sales and supplies on time. A business most have a creative marketing department so also to catch you customers attention and want to by your product.  Marketers most keep in mind the four Ps Price, Place, Product and Promotion along with the four Cs Communication, Convenience, Customer cost and Customer Solution. 

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