How to Make My Ethnic Business Last?

Download or read book How to Make My Ethnic Business Last? written by Arnaud Segla and published by The Wisemen Council. This book was released on 2017-11-12 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: INTRODUCTION For a company, surviving beyond its first 6 months of existence is a serious priority for the sustainability of the business project. Even though i twill take another 3 to 5 years to notice structure growth and consolidation, the first 6 months necessitate special care in management as this period is one of financial fragility. The objectives here will be to: • Be fully aware of the importance of the importance of the first 6 months and increase its chances for success. • Effectively implement internal management tools and external promotional tools. • Know how to adjust to your environment. Thus, the main concepts to assimilate will be the importance of the first 6 months, understanding what’s at stake, the elements of implementation, and strategy. At the core, we must answer the following question: Which strategies should we adopt to survive the first 6 months and last in the market?