In order to ensure success, what are the five rules you need to follow before going into business for yourself?

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Answer:

Promote your service

Know what to charge

Follow up your work

Be professional in your approach

Know the law

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Explanation:

As much as there are no standard guide that one must follow to ensure success in business, there exist some practices or rules if followed diligently will make one successful in his or her business.

The five rules to follow before venturing into business includes

  • Having a business plan.
  • Being passionate about the business you choose to venture into
  • Knowing your competitors in the business and coming up with your unique selling point.
  • Getting a good  location.
  • Obtaining proper insurance.

if the above rules are followed before the start of a business then success is guaranteed.

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