Fundamentals of Business 1) Vision Mission :- Company should be clear about their vision 2) Market Analysis :- Analyse the Market Conditions to launch your product 3) Business Model :- Create Best Business Model according to your company 4) Marketing Strategy :- Create a best Marketing Strategy to create awareness about your company 5) Operation Plan :- Create a plan for your company day to day operations 6) Financial Management :- It includes budgeting, cash flow etc 7) Human Resources :- Hire best people you find and retain them 8) Legal :- Stay legally strong, have all licences, registration, documents, etc 9) Customer Relationship Management :- Always try to make your customers happy, solve all their problems 10) Innovation :- Try to make Innovation in not just your product but also in marketing, sales, distribution 11) Risk Management :- Mangage your risk as per the conditions
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