business success
Painting house facades as a business idea
Buildings are almost always high. Stairs, hanging cradles, scaffolding and other smaller appliances are simply necessary for starting a business. And, of course, special paints, electric rollers, compressors.
The complexity and cost of various devices for painting buildings depends on the number of storeys. For houses up to three floors, forests, lifting scaffolds are needed. At higher altitudes, telescopic lifts can no longer be dispensed with, lifting loads of up to 500 kilograms, a boom of up to fifty meters and work up to 76 meters can be carried out.
It is hardly possible for a novice entrepreneur to realize a business idea on painting house facades if he is planning to buy all the equipment. But the good news is that equipment can always be leased or rented. Continue reading
What a business depends on – 5 digits that an entrepreneur must know (part 2)
5. Lifetime value of the client / Cost of attracting one client
This indicator will allow you to understand how much you will get back from each invested ruble. In our case, it looks like this: 28750/500 = 57.5. For each invested ruble in attracting customers, you get in the long term (i.e. for the time during which the client buys goods or services from you) 57.5 rubles. Very good, by the way :-). But this is just an example, of course. By the way, this shows how important it is to work with regular customers.
This parameter very clearly shows the long-term prospects of your business. If every invested ruble brings you 2 or 5, then this is a bad business, you know. Draw conclusions and make corrections. Continue reading
How to succeed in business – a list of the most important factors
I am not writing this article “How to succeed in business” at all. The other day, I accidentally stumbled upon a list of success factors in business with which I strongly disagree. And I decided to make my own)). First, I bring one that made me write again about how to achieve success in business, i.e. wrong list, in my opinion. Here he is:
Knowledge 16.50%
Creativity 16.50%
Skills 13.30%
Intelligence 12.80%
Perseverance 10.60%
Experience 10.10%
Working capacity 6.90%
Talent 5.00% Continue reading
