Fact Group of Publications

STUDY OF BUSINESS BEFORE BUSINESS


By Syeda Rafia Saqib
BBA(hons). Hailey College of Banking & Finance

Business is not an easy task to be done easily by every person. it mostly creates miseries to almost every one who enter without any know how of it. its general behavior of people that they enter in to world of business with enough spirit, finance and hopes but unfortunately without any know how of business tricks , bluffs and threats that’s why most of them get failed and disappointed in the very beginning of the carrier and its the main reason why there is less investment in Pakistan. here I am not going to teach you business strategies but have a glance to its some folds.

Student when start business study feels himself as if he is pushed into furnace of threats. business study and strategies open his eyes and explore a new world of profit and loss before him. A lame man enter in business with the I hope of making his money in unlimited multiples so he without any planning invest his money in any company who attracts its customers by flowery advertisements and fake records. as a result he lost his money as well as confidence. business study guilds you how to invest and where to invest actually its general view that we always get profit through investment and if company liquidates get back our money. For investment first study the history of company and recover its annual schedule of declaring dividend and get acknowledge where it is using its capital as you must keep in mind once you a have invested money you are not authorized to get back it you can only sell your shares to any other person and even at the time of liquidation shareholders receive money at the end if company has left with it. the profit loss scheme is also very douching which you cant understand without proper grip on subject.

Lets talk about the starting of your own business. I observe the people when they roughly plan to start a new business they just considered their own field of interests spend a handsome amount and just start business they only consider which industry Is in boom, which product has high value and then with blindly jumped into business sea. and never thought the demand of business and hence they meet disastrous results. business study reveals the major aspects of progressed business and teach us how to develop the strategies, mission and vision and select the proper product that’s market demand its all can be done by research methodology after proper research we select our target market  to hit them hence create a big market share and enjoy the game. but never ever think its so simple and can be done without proper guidance.

The most misery face by businessmen is the rule of income tax law. A lame man thinks that whatever he is earning is his property and no one can interfere but government says that if government facilitating you then it has right to get back some from your income .its a simple rule but is sucking human blood. business study can only help you to understand different complex folds of taxation and make you clear how much to pay, where to pay, how to defend you in some aspects and what are the legal boundaries.

In short I conclude don’t put yourself in trouble to jump into fire of business without any knowledge and skill as its not a matter fake game its matter of your carrier your life your future and the matter of Pakistan’s economy.

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