Welcome to my business blog. My name is Kristi Smith, and I am a successful business consultant. I am the founder of a consulting company for different business segments. You can get advice from me on how to start your own business, how to improve business performance, how to lead your company to success, and much more.
I also share my advice and recommendations on this blog so that everyone can find useful and relevant information for themselves.
Modern business has a lot of directions, strategies and schemes of implementation. Of course, each idea requires an individual approach. An entrepreneur, he’s like an artist – he draws a picture, unique in its kind and having its own inherent color nuances. However, any business is profit-oriented, and therefore there is a seller and a buyer in its chain. It is this fact that allows the market to intervene in the entrepreneur’s creative process and subject it to its laws, namely, to determine the main types of its business.
There are several types of business depending on its scale:
- Small – entrepreneurship, relying on the activities of small firms, small businesses, formally not included in associations;
- medium – enterprises with a range of established turnover, the size of income and number of employees, which has a significant impact on economic development, is the leading segment in the creation of new goods and services
- large – a large independent entity with legal rights, producing large volumes of products, works and services to meet the needs of consumers, thus bringing billions in profits to the country and thereby determining the political and economic power of the country.