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Thread: what are the Principles of Business?

  1. #1
    jhnmichle's Avatar
    jhnmichle is offline Junior Member
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    Default what are the Principles of Business?

    can anyone define business principles which should be common in each business?

  2. #2
    herrysmart is offline Junior Member
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    only a single role for the business is that try and try again you may not get anything in first few days, months, or might be for a year but try to eliminate your mistakes and don't try to avoid these mistakes to happen again defiantly you will be succeeded.

  3. #3
    angie828 is offline Member
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    To run a business you have to have a good work ethic and not be willing to cheat people. You have to work hard and be honest.

  4. #4
    SDeveloper is offline Member
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    It keeps changing, are not specific but most of the experts are agreed that:


    1. Be Trustful and committed
    2. Must be open minded
    3. Meet all obligations (Government + Public)
    4. Have all transactions documents
    5. Control accounting process/system
    6. Respect others and
    7. Own social responsibility

    You get more from your experiences in business.

  5. #5
    JosephRoger's Avatar
    JosephRoger is offline Senior Member
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    Honesty is the best policy in business if you want to create a reputed image amongst your competitors.

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    rsseosolution is offline Senior Member
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    be honest and never scam people.

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    goldenspiralstudios is offline Junior Member
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    I could think of two principles one is being trustful and reliable, all customers want is that they can trust the people they do business with and understands their needs. Second is being able to keep an open mind, customers will always give feedback doesn't matter if its bad or good important is they should always improve and have an open mind for new ideas for the continuity of the business.
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  8. #8
    logoonlinepros is offline Senior Member
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    I think planning is most important factor of business.

  9. #9
    pengpengy is offline Banned
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    Always maintain your integrity (in everything you do)

  10. #10
    alexclark is offline Junior Member
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    An input embracing corporate responsibility and personal values, drawn from a Christian perspective. The Principles resources comprise a Principles Document, a Resource Pack incorporating the Principles Guide and the Principles website with online materials, articles, case studies and links to other organisations...

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