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Friday, May 8, 2015

Business Is For Profit ----- No Place For compassion.

A thorough analysis of Family Business has led one to believe that faith is the factor that holds the business together.

Suspicion should never enter the door and even a slightest trace would cause a havoc. Tread with caution and repose unlimited faith in the person who runs the business. Give him your support and never look at him with jaundiced eyes.

A check should be on the role. it should not strangle the flourish or thrive. A verification, to put it in a mild way should enhance growth. it should be a stimulant than an interruption.

The chief should have a mind to assimilate ideas, recommendations and take them in the right spirit. He should not feel that he is the be all and end all in the management. Mind you, he should never forget that he is on deputation. He holds the post by their will and has to perform with caution and tactfulness. His prime aim should be to accomplish the task with laurels. He should satisfy, even more, enthusiastically work for profits, more profits and make his family own and extended happy.

The family business, as heard and as seen, is an onerous task.To run it successfully one has to be street
smart, has to have integrity and also sincerity. If these three qualities are not found the business is bound to slip into losses.

Remember, business is always for-profit where compassion is not to be given place.








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