BUSINESS

PRINCIPLES TO ACHIEVING SUCCESS IN BUSINESS

On the whole like most people on whom the financial issues have torched too much, they tend to take themselves as failure in life. However, this to me seems to be a lame excuse that arises due to poor or lack of planning.

There fore, for your plans to succeed with their objectives, you must consider the following principles;

•   Consistence: The planned expenditure must be in line with the available resources.
•   Proportionality: I t must allocate the resources to different regions accordingly to cause a balanced development.
•   Feasibility: The set objectives or goals should be achievable given the available resources.
•   Optimality: There should be emphasis on maximum utilization of available resources.
•   Sequence: Plans should take steps in a logical way. “They should be designed, financed and implemented”.
•   Comprehensiveness: There should be mature understanding between the designed plans for implementation.
•   Sensibility: Here you have to be mindset in all ways and take challenges as opportunities to achieving your goals.