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Posing a question like "what makes a successful business" can be like the parable of the four blind men describing the elephant - all the perceptions are accurate, but they aren't the full picture, and none really stands up on its own. The fact is that the elements that go into making a successful business are many, varied, and often industry/niche specific. Therefore, in order to deliver a small treatise on what it is that makes for a successful business, it is crucial to focus on the underlying structures rather than the detailed specifics. Whether or not to use a particular accounting method is not what this paper will cover, but whether or not to actually have an accounting method is within the scope of this paper. What follows is a structural guideline for helping to make a business successful.
Cite this Business Plan:
What Makes A Successful Business? (2003, September 24) Retrieved April 19, 2021, from https://www.academon.com/business-plan/what-makes-a-successful-business-32135/
"What Makes A Successful Business?" 24 September 2003. Web. 19 April. 2021. <https://www.academon.com/business-plan/what-makes-a-successful-business-32135/>