I attended this local business seminar on building a business and how to maintain the growth of your business at Irvine, California. We actually got to be the part of this event as the speaker was my husband’s colleague’s friend. Going to an event like this is one of the best things you can accomplish for the fate of your business, yet numerous experts inside the business disregard these important assets consistently. These gatherings are intended to give you a plenty of usable substance on an assortment of applicable subjects, and will make sure to stay up with the latest with the most recent changes that are happening inside the business.
Speaker started with asking us a basic question, what is a business? By definition most people understand the business …show more content…
He said that, marketing and finance are the two building blocks of any company/organization/business but the most important and the primary block is marketing, finance is important as well but it the secondary and it comes in later stages. It all starts with marketing, initially the more money you put in marketing, the more market share you are going to get, the more market share means you are boosting your company’s Return on Equity, Earnings/share and image rating, which in turn is going to bring sales revenues and net profit for your company and if your company is doing well and making net profits, your company stock price is going to skyrocket, which is the goal of any business/organization. The ultimate goal of any business or financial management is to maximize shareholder’s wealth and it all starts with strategic marketing plan and good market share. We have to get the niche right; the marketing predictable cash flow has to be a part of our business day in and day out. So, if you build the business to a point where it works, so you don’t have
Speaker started with asking us a basic question, what is a business? By definition most people understand the business …show more content…
He said that, marketing and finance are the two building blocks of any company/organization/business but the most important and the primary block is marketing, finance is important as well but it the secondary and it comes in later stages. It all starts with marketing, initially the more money you put in marketing, the more market share you are going to get, the more market share means you are boosting your company’s Return on Equity, Earnings/share and image rating, which in turn is going to bring sales revenues and net profit for your company and if your company is doing well and making net profits, your company stock price is going to skyrocket, which is the goal of any business/organization. The ultimate goal of any business or financial management is to maximize shareholder’s wealth and it all starts with strategic marketing plan and good market share. We have to get the niche right; the marketing predictable cash flow has to be a part of our business day in and day out. So, if you build the business to a point where it works, so you don’t have