What is the concept of business

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Article 23 of the Civil Code on the entrepreneurial activity of a citizen, respected by businessmen, defines: “Entrepreneurial activity is an independent activity carried out at one’s own risk, aimed at systematically obtaining profit from the use of property, sale of goods, performance of work or provision of services, provided that it jamaica mobile phone numbers database does not contradict the law, other regulatory legal acts and does not violate the rights and legally protected interests of other persons.”

That is, business is a targeted activity to extract profit and satisfy customer needs. This is one of the main activities in a market economy, a source of economic and social development of society. It is not only a series of actions aimed at obtaining profit, but also a means of implementing the plan. Each business owner may have his own plans, but they all come down to strengthening the position in the market, obtaining profit. This is the goal of the concept of modern business. It is usually developed and then applied in work:

company owner (determines the main directions of development);

marketer (creates a marketing plan to implement ideas);

financier (estimates the costs of launching a concept).

To create an effective concept, you need to decide in which area of ​​the economy the company will develop. After that, it is time to assemble a team of experts to work on the project.

Business concept

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In a broad sense, a business concept is the owner's vision of the company's activities and development, outlined in a brief description of the organization's basic principles. A business concept, like a business plan, has a structure:

business idea;

sales market analysis;

financial planning for project implementation.

When creating a concept, the financial plan is developed in a global and generalized form. The main objective of preparing this document is to attract the interest of buyers and investors to the project.

A business concept is needed for:

Creating an optimal business plan that can be modified in changing business conditions. In the process of its adjustment, the main goal of the company's development does not change. All changes are intended solely to increase productivity.

Coordination of the work of departments and services of the organization. The activities of the departments are aimed at implementing the concept, the main idea of ​​the project.

Opportunities to develop new directions, which will allow finding other market niches.


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