Every business, regardless of its size or industry, includes several key components:
- Business Plan: A detailed plan outlining the business model, goals, market analysis, and financial projections. - Marketing: Strategies for promoting and selling products or services. - Operations: Day-to-day activities required to run the business. - Finance: Management of money, including investments, budgeting, and accounting. - Human Resources: Managing the workforce, including hiring, training, and employee welfare.