Question

What resources are required to have a successful business?

Answer 1

Answer:

Labour - Finances - Time...

Explanation:

That is a very good question.

To start off, it is useful to understand what are resources.

Resources are assets that are required for you to function. (e.g. money)

In a business there are many resources that you need to function.

Think off owning a bookshop. Ask yourself, what do I need?

I need money, I need a place to display my books, I need books, I need people... These are resources you need to be successful.

Now, going back to my above answer: Labour, finances and time. These are a few resources you need to succeed. You need labour - people - to set up the business, manage the business, serve customers...

You need finances to set up the legalities of starting up a business. You need finances to buy materials, machinery (if it is a production business), stocks...

You need the time to do all of these things.

Lastly, I have purposefully, gave three resources for the answer. For sure there are more, though I want to keep the options you for open to add

as you see necessary. With no doubt the answer is incomplete, but I want to provoke you to right have your answer.

I hope the answer is clear.  

 

Answer 2

Answer:

work nice be success in your life I don't know answer