This year 2017 we all resolved to give a jab at enhancing our Business Acumen. The journey began at Biz Hub proceeded to Business 101 then Your Cut. In a nut shell and for the first weeks of January, all we have done is introduce the discussion on business, look at the business aspects then explore separate ways of coming up with business ideas. For this week our concentration is on business Basics.
In most cases, it’s said business is about people, products and processes. Under Business Basics, key attention is looking at the overall business management summarized under PODSCORD, then the business structures and most importantly The five P’s (Place, products, promotion, promotion) otherwise known as the marketing mix.