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Just because a person doesn't have a certain background or a college education mean they will not be successful at business. Many of the wealthiest business men and women of the world are not college educated and manage to overcome the stigma. So as long as a person has the drive and willingness to learn there shouldn't be any deterrents on why one can start and run a business.
A Profit and Loss Statement shows you whether your business has made or lost money during a given period being reported either on monthly, quarterly or annually basis. A Profit and Loss Statement is used to record and track revenues and expenses in order to determine the operating performance of your business. It can also be used to determine income tax liability.
For startups and other businesses with basic accounting needs and using a personal computer, then you should be using accounting software to make your life easier. With an accounting software, you can handle arduous bookkeeping tasks that you might otherwise outsource. This can save you a lot of time as well as money.
Business is about interaction with you and others. It's those details, the little touches, that create what your business is all about, that create the 'wow' moments people will talk about, and a smile will do just that!
Customers are a big part of the business landscape, and we can't pick and choose who are customers are. So be sure to pay attention to the individual and treat them like a human being and not like an android.
The customer may not always be right, but they are never wrong. The tricky thing with customers is that there comes a time where you have to decide if you want the future business of the customer or not.
It's important to make more of an effort than what is expected of you, because it's the word 'Extra' that makes the difference between an ordinary business or an extraordinary one! Visit my blog, in order to increase your business acumen.