[anilmr]

I think the investment strategies for any business varies from business to business and also depends upon the approach of the businessman/entrepreneur. For your business to be stable, you withdraw your profit everyday. Even though it may not be very profitable, but it ensures your business is safe and reliable. While aggressive businessman opt for reinvesting their profits - this leads to compounding of their profits in the long run.

[Chameli]

If you start withdrawing profits when your business has just started, you might be short of funds soon. You first have to build your business.

[anilmr]

If you start withdrawing profits when your business has just started, you might be short of funds soon. You first have to build your business.

Yes, I agree with you, but remember you are only withdrawing your net profit after accounting for all the expenditures. Your principal amount is still in tact.

[augusta]

My own strategy will be good customer's relations. A business can only strive with customers no matter how beautiful a product if customers are treated poorly and no body buys then such a product will die naturally so the best bet is treating each customer as a king.

[tusziget]

I have no experience in starting a business.However, I have some idea about it, as if it were possible I would start a small business in a field familiar to me, and if I have success I would scale it up.

[Kei]

I think the investment strategies for any business varies from business to business and also depends upon the approach of the businessman/entrepreneur. For your business to be stable, you withdraw your profit everyday. Even though it may not be very profitable, but it ensures your business is safe and reliable. While aggressive businessman opt for reinvesting their profits - this leads to compounding of their profits in the long run.

I have a small scale business and I'm reinvesting my profits everyday until I get to a steady figure where I can take out my original start up and continue with the profits.

[katkat]

When you invest in business you must start small so you will have a back up capital. It will be good if you conduct a study about the business and the area you are going to put the business. And one important thing you being the owner must be a hands on owner. Don't rely on assistant.

[arunima]

Best investment would be a good research to know the nerve of the potential market and to know the risk involved. So that you can save lot of time, effort and loss in future.

[anilmr]

Best investment would be a good research to know the nerve of the potential market and to know the risk involved. So that you can save lot of time, effort and loss in future.

Yes you are right - you are referring to SWOT analysis, am I correct?

[skysnap]

I think sales is the best strategy for most business. Most of the issues are cleared when the business makes sales. That is what I have noticed.

[JASPREET]

I think the investment strategies for any business varies from business to business and also depends upon the approach of the businessman/entrepreneur. For your business to be stable, you withdraw your profit everyday. Even though it may not be very profitable, but it ensures your business is safe and reliable. While aggressive businessman opt for reinvesting their profits - this leads to compounding of their profits in the long run.

I have a small scale business and I'm reinvesting my profits everyday until I get to a steady figure where I can take out my original start up and continue with the profits.

What type of Business do you have? With How much capital you started the business?

[anilmr]

My own strategy will be good customer's relations. A business can only strive with customers no matter how beautiful a product if customers are treated poorly and no body buys then such a product will die naturally so the best bet is treating each customer as a king.

Yes there is no doubt that maintaining a good customer relationship is very important for any business to succeed as it helps in retention of your customers. Happy customers will also refer more, which will help in overall growth of the business. As you rightly said - Customer is the King!

[theresajane]

I don't have any experience with running a business. But, as an ordinary person, I'm attracted when there's something new. So, businesses should offer new things or spice things up.

[anilmr]

I don't have any experience with running a business. But, as an ordinary person, I'm attracted when there's something new. So, businesses should offer new things or spice things up.

But one must remember that it is always difficult to start anything, which includes business of course, if you do not have sufficient knowledge and skill. Yes, if a business concept is new and unique, it will surely sound attractive, since intially you may not have many competitors. But as the time passes by, and the concept becomes more common, there will be lots of competition to contend with.

[sofs]

Getting to know your competition is important. You need to make sure that your quality and service is better than theirs if you want to beat them at them at their own game. Getting the right marketing strategies and taking the market by storm with what you have to offer would constitute good business strategies.