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What Makes a Business Work?

Part of the Business Plans For Dummies Cheat Sheet (UK Edition)

The successful running of a business is made up of certain major factors and elements, allowing it to adapt, survive and ultimately grow. These key elements should feature within any progressing business:

  • Plans: Company mission, vision, goals, and objectives that all work together

  • Organisation: A structure for your company that makes sense

  • Procedures: Efficient and effective ways of doing things

  • Leadership: An ability to influence and encourage others around you

  • Skills: The talents and expertise your people need to succeed

  • Culture: Beliefs and attitudes that lead to doing the right thing

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