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Have knowledge and expertise about the product or service is the key to business success. When you have a deep understanding of your business, you can operate smoothly, the company flexible and grow more and more powerful.In case your limited knowledge, you may not be able to sustain the business and can be fooled by the suppliers and competitors. Some knowledge is required when established businesses:-Knowledge of business administration.-Knowledge of personnel management.-Knowledge of Marketing-Knowledge of accounting, tax ...
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