“Every development is a gift-without development we would not grow.”
The business development program is concerned with aid to small disadvantaged startups and firms. In a complex scenario like today, it is easy to establish any business enterprise, but the most challenging part is to run it successfully with zero blots on its reputation. Small business owners, startups are burdened with the responsibility of creating, developing, and nurturing the techniques of carrying the business chores successfully in the time and cost-effective manner. As a budding entrepreneur, one must always strive to achieve excellence while taking up any task related to business enterprises. Talking further, we shall take a tour of one crucial component required to build a successful business empire.
Business development can be summarized as the objectives, initiatives, and activities aimed towards doing better business. It can be termed as integrated strategic management of all the areas of the operations, including supply, demand, legal, human resource, capital, and accounting, etc. It is the formulation of long-term value for an organization, from customers, markets, and relationships. Business development is all about –”if you concentrate on results, you will never change; if you concentrate on change, you will get the desired results.” By this, we can easily conclude that business development is all about adapting yourself for the best of changes around you. As and when the business grows, it gets prone to more positive changes. Business development is necessary nowadays for the sustainable growth of the business and has emerged as one of the most wanted factors of the modern business environment.
In a complex scenario like today, it is easy to establish any business enterprise, but the most challenging part is to run it successfully with zero blots on its reputation. Small business owners, startups are burdened with the responsibility of creating, developing, and nurturing the techniques of carrying the business chores successfully in the time and cost-effective manner. As a budding entrepreneur, one must always strive to achieve excellence while taking up any task related to business enterprises. Talking further, we shall take a tour of one crucial component required to build a successful business empire.
Role of the business development program in the lives of small and young business entrepreneurs can be seen as:
- Increased revenue – Better development programs lead to more profit and increased revenue for the business entrepreneur.
- Business expansion – Profitable business would ultimately lead to growth in terms of business.
- Entrepreneurs – can easily aim to increase profits for the business through strategic business decisions.
- It creates new investors – Better the reputation of the business; better shall be the opportunity to pull new investors or retain the old one.
The government of India has been at the forefront of providing aid and assistance to the small business entrepreneurs concerning specific business development programs. Aatmnirbhar Sena is working relentlessly in assisting the Government in implementing various Business Development Schemes for the budding entrepreneurs. As an independent organization, we are also digging hard to unlock leadership potential amongst young entrepreneurs. Business development programs can make them the master of the business. We aim to provide them with proper training in business development to equip them with the tools and skills to analyze the challenges and find strategic solutions for the upcoming business challenges.
We live in that era where we care for each other’s visions and build a network from which we can avail a broad spectrum of benefits and profits. Substantial nexus amongst the components and a proper alignment is the base of our achievements. We are strictly required to adapt these visions and enhance our skills under the purview of these development methods to maximize the small enterprises’ maximum growth in the minimum time.
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Jul 30, 2020
