Danger in the business

DANGER IN THE BUSINESS WORLD

As a star for the year you need some basic thing to plan your business in other for you to become successful business man this are those thing

1 time management

2 time squaders

3 Prepare your daily log

4 Avid unnessary spending out of your capital

all this will be expalin later for your basic need

Welcome to this great lens which I will explain danger in business world and how you can reduce danger in your business.
Firstly, what do we understand by the word “Danger” is the possibility of a happening that will damage or destroyed. Business the word business can be said as an organization consisting of a person or a group of person who produce and distribute goods and service for private profit oriented.
Danger in business can now be said as the possible happening, which can destroy the plan in business during profit oriented.
Profit has being major concern of all the organization in the business sector considered that there is danger in profits oriented, I have created a way to observe this danger and if you follow the simply instruction it will not harm or destroy your business.

There are many ways that I will classify for observing this danger.

Capital is the money you budget to start a business, ask me how can you use capital to destroy danger itself in your business. This is the money you set aside to start your business you must not spend or use it to buy material thing which different from what can generate income to said business because this fund goes a long way in shaping the kind of business to be chosen. One is bound to settle with the business that one has enough capital. The amount capital require for one in Man business different from that of joint stock or partnership if you do not observe this you business may collapse.

Building plan this is most essential, this is where you recognize those that will succeed in their business through their

plans because it has to do with good planning in shaping the face of their business administrative,control,and so on good planning determined the success of the business. you must have a good plans, this when you work out strategies that will keep your business in operation. Million of business has collapse due to lack of planning. In other to avoid danger you must have a good planning.
Does planning necessary for business? Yes .
1. It help manager know how to co-ordinate people and resources affectively
2. Planning shows direction and sense of purpose for an business man.
3. It make you work towards the realization of your goal and objective.
4. It equip manager to lead with confidence and expect other to follow them.
SOCIAL RESPONSIBILITYSocial responsibility is the ability of said business to protects and improves the welfare of the society along its own interest. This determines the successful of the business or destroyed the activities of the business. It social responsibility will determine this.