Strategies and Techniques that Can Help Businesses to be Successful

Abstract

INTRODUCTION

In many businesses, they considered challenges as part of their lifestyle. The business always encounters many problems and challenges. Every business owner wants their product to be more presentable than usual to maintain their customers. This study involved the successful businesses around General Mariano Alvarez, Cavite. This paper aimed to give information about the effective strategies and techniques to apply in business to be successful.

METHODS

The researchers primarily used open-ended questions in interviews and collected other related information through browsing the web. The respondents are classified according to their years of experience, income status monthly and popularity of their products to the consumers.

RESULTS

Owners have common techniques in maintaining their businesses. They lower the prices of their products but quality comes first. Innovating and enhancing their products are needed to make their products more appealing to the consumers. Borrowing from the bank gives them additional capital for their businesses. Above all of these strategies, building trust with the costumers is a big advantage in the business world by simply showing good traits towards their buyers.

DISCUSSIONS

The business owners must have better strategies and techniques in managing their business because it helps them solve the challenges and problem they might encounter and for the business to be successful. They also should not treat these challenges as threats but opportunities that may lead the business to a better status.