Business Success Based on Six Factors - dummies

By Colin Barrow

Part of Starting & Running a Business All-in-One For Dummies Cheat Sheet (UK Edition)

A combination of several fundamental factors determines the success of a business. Refer to the following important points to make sure that you’re covering all vital areas:

  • 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 build a team and 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, always.