Every client you acquire is an opportunity for you to use and sharpen your skills and expertise
Posted: Wed Jan 22, 2025 6:28 am
(5) High income potential I would say that the potential income to be earned is high, because I take into account factors such as the relatively low cost of running a business. I have discussed this point before. Suppose the seller sets a price of RM100 for the service fee, and the cost of running the business is only RM15, then the rest is profit. (6) Potential to build expertise Finally, I think one way to build expertise in a field is when we repeatedly do the same thing.
When you always do the same thing, over time you will definitely become an expert in that doctor database field. The challenges of running a business in the service sector There are many advantages that we can gain when running a business in the service sector. Some of these advantages may not be available in product-based businesses. But this doesn't mean starting and building a service-based business is easy.
It still has its own challenges. As an entrepreneur, you need to conduct market research, identify needs, analyze the level of competition, identify profit potential, and so on. When you want to launch your service-based business, there are several things that will present you with challenges, for example in terms of (1) Get new customers The process of acquiring new customers can be a very difficult process, especially if you are a new player in the industry.
When you always do the same thing, over time you will definitely become an expert in that doctor database field. The challenges of running a business in the service sector There are many advantages that we can gain when running a business in the service sector. Some of these advantages may not be available in product-based businesses. But this doesn't mean starting and building a service-based business is easy.
It still has its own challenges. As an entrepreneur, you need to conduct market research, identify needs, analyze the level of competition, identify profit potential, and so on. When you want to launch your service-based business, there are several things that will present you with challenges, for example in terms of (1) Get new customers The process of acquiring new customers can be a very difficult process, especially if you are a new player in the industry.