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Thursday, August 23, 2018

How to expand your business?

HOW TO GROW YOUR BUSINESS?

In this article I'm telling to you about expansion of business. Some rules always appoint for expansion and for goodwill of business. All point about internal side of business

 There are following minor points for growing your business:


1) RULES

In every business some rules set by management. CEO and director play a vital role in the business. Some general rules of every business are following:
These are ISLAMIC RULES:
  • Educated worker
  • Make fix time and date for deal or contract 
  • Always fix special time 
  • Don't sell or purchase on loan
  • Find a professional market where you can sell goods
  • Create a structure of proper plant and machinery 
  • Hire experienced and skilled people
  •  makes your department and do work according dept.wise

2) REGULATION AUTHORITY

For every business some approval or permission takes from government authorities. Authority makes your business registered, Remember always ( A business's value up when its registered ) it's mean the goodwill of your business in public heart. Some basic registration are necessary:  Memorandum of authority.
  • Memorandum of Article
  • Prospects
  • FBR ( Federal board of revenue )
  • Security exchange of commission 
  • Bank account verification
  • NAB

3) HIERARCHY 

Always makes your hierarchy for sustainable business there are a hierarchy of developed business:
  • Employer
  • Chief Executive officer ( CEO)
  • Directors
  • General manager
  • Managers
  • Supervisor
  • Shift Supervisor
  • Employees

4) DEPARTMENT 

A business successful when Everyone work properly with Department wise and proper environment. some department mention following:
  • Department of Admin
  • Department of human resource managemnt
  • Department of Marketing 
  • Department of Finance
  • Department of Purchase
  • Department of Sale

5) STRUCTURE AND ENVIRONMENT  

The environment is necessary for all business. The working condition depend on structure and environment. The Luxury office effect on dealer, contractor, workers, and other. Some following point for attraction. All of them should be luxury:
  • Office Entrance 
  • Office building 
  • Office parking
  • Office Inside structure 
  • Worker Uniform ( White & Blue color )
  • Office light

There are following points for machinery structure:
  • Cleaning 
  • New machinary
  • Well qualified worker
  • Backup
  • Electricity
  • proper staff attendance 

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