What is the most important thing to know when ownering your own business/store?

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What is the most important thing to know when ownering your own business/store?

2006-12-16 10:14:35 · 4 answers · asked by Anonymous in Business & Finance ➔ Small Business

4 answers

Your customers!

2006-12-16 10:42:01 · answer #1 · answered by Anonymous · 1⤊ 0⤋

Delegate and automate any part of your business you can.

As a business owner your most precious commodity is time. There never seems to be enough.

I've found the best use of my time comes not from managing the business, but from activities that promote the future prosperity of the business.

2006-12-16 18:45:27 · answer #2 · answered by Brett 1 · 0⤊ 0⤋

MONEY.

When you make some, put it away for slow times of the years. The bill keep coming even if business is slow.

2006-12-16 21:12:19 · answer #3 · answered by Kitty 6 · 0⤊ 0⤋

Stay out of debt - it will eat you alive.

2006-12-16 18:16:41 · answer #4 · answered by execglenn 2 · 0⤊ 0⤋