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Multi Business - Multi Profits, Can I..?
Multi business is doing more than one businesses in the same time. It can be a similar business or extremely different business. With these multi business, you will earn multi profits. But with these multi condition, you have just one question to answer. The question is, Can I..?
1 in 10 people can do these kind of business. You must multiply your time schedule, multiply your business strategy, multiply skill, etc. What is exactly multi business looks like..? These an example :
You have a company named X Corp. In these company you do these business below ;
Constructions
Design Interior
Trading Commodity
Catering
Event Organiser
If you do multi business, it means that all of those businesses is doing and lead by you! No chief in every business. Even you have employe and small business organisation, but all business decision is directly by you.
With these kind of business. You can maximize your cash flow in every business. You will know fastly about a problem in your business and solve the problem quickly. But the bad news is your time is never enough. 24 Hours a Day ...
... is not enough!.
There are some weakness on these multi business type ;
1. You can't focus to all of your businesses. It means your businesses are weak.
2. Your business growth slowly.
3. If you have a trouble with your healthy and need a rest for a long time, so do your businesses.
4. You need an extra time to operate your business and you will lost your weekend with your family.
Conclution :
If you want to do multi business. You need to think twice! Or you will lose all of your businesses. But if you are succed on multi business, multi profits will be yours! Good Luck!
Author :
About the author : The author is an YouAndMeBusiness Observer, more tips about Starting A Small Business or you need a guide how to Register Business, no problems, just ask him where to find more than 100 business tips for free.
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