5 Golden Business Rules

A true businessman is ready for any course of business 24 hours a day. He is ready and at justifiable risk if necessary. But how to minimize other risks?

Instruction manual

1

The rule "money ahead."

Remember that in life no one will even sell you a loaf of bread for a loan. Therefore, no matter how you are persuaded to postpone the payment - do not agree, demand money in advance, not being afraid to be known as stingy.

2

Rule "An interesting innovative idea."

You should not open two grocery stores on one street, because people already have the habit of going to the old for groceries.

3

The rule "Fulfillment of obligations."

More important than money can only be a reputation. Try not to throw words into the wind, and if you have made a reckless promise, follow through.

4

The rule "There is one owner in the house."

Having carefully studied the history of the most profitable projects, you will notice that any affiliate business sooner or later leads to disagreements in the team. And then you have to resort to the section.

5

The rule "Do not cut down with an ax."

Be sure to document all your agreements with suppliers and customers. No need to rely on Russian chance and the conscience of a person - they, unlike correctly documented obligations, can fail.