8 Precepts that Never Do In Business

Business failures in the middle of the road? That's really, ordinary. For, not always mean the business can be an immediate success, running smoothly, and smooth. Instead you should be able to learn from failure, so know where the mistakes.

Here are some tips from Fauziah Arsiyanti, SE. MM. Dip IFP, Personal Advisers from First Principal Financial Services Fiancial Singapore so there are no failures Dalan entrepreneurship:

1. Do not Owe.
In fact, owed or borrowed capital to the bank is not recommended, especially with security. If you can afford smoothly, would not be a problem. What if suddenly the effort failed and could not repay the loans? Even if have to borrow to the bank, you should have experienced, brave soul at risk, and good at budgeting. However, do not do that if just starting a business!

2. Do not expansion.
Do not be greedy to expand! If the initial capital only sewing machine and one employee, you should try with it first. If the orders have increased, and able to buy a new sewing machine, to expand slowly, and do not let the wrong strategy. Anticipate conditions of life that can suddenly change. Do not forget, prioritizing strengths.


3. Do not Forget the Budget.
Usually, women are more careful in making the budget. Although sometimes more consumptive, women still know the risks if it continues to do so.

4. Do not Consumptive.
When going to start a business, should be a lot of restraint. Forget for a moment the hobby shop and expensive luxury goods, including social gathering! Surely there must be sacrificed, but that does not mean starting a business is difficult, you know! With entrepreneurship, the kids can be more supervised. Thus, the mind is not split between business and family.

5. Do Emotions.
Be professional! If you're a problem, do not accept business clients with sullen faces. Relationships with clients must remain intact, as bad as any of your problems.

6. Do not Fear Failure.
Just confident with what you will do. Rest assured, the product that you create good quality, kosher, and has its own uniqueness. Start with what you have, and do not be afraid to fail.

7. Money Do not Mix.
This problem most often occurs. Due to busy to entrepreneurship, then forgot to keep track of all budgets, ranging from entering the production cost, up to one set target. Business profits should be put into savings benefits, not mixed with other money. Failures often occur because of the money spinning continues, and not known how much profit is gained.

8. Do not Give One Price.

Items include luxury goods, do not be cheap, though little capital. Sometimes people think, certainly the quality is poor cheaper goods, but not necessarily. If you are sure the target market, you must be confident to give the price expensive, with a balanced guarantee good product quality.

Source : http://www.tohanasrudin.com/2010/12/27/8-pantangan-yang-jangan-dilakukan-dalam-berbisnis/