Good morning friends it's a Wednesday morning with a nice weather conditions here in portharcourt, today we must know this and put it to practice
I call it the 4 keys to a biz empire
Here the formula
BI= business idea
P= passion
SP= strategic plan
C= capital
HE= human effort
Py= productivity

Stage 2
Pk= packaging
A= advertising
S = sale
P!= promotion
GP= grossprofit

Stage 3
Gp
E=expenses
Stage 4
NP= net profit
Sv= savings
AC = additional capital
Stage 5
Bigger productivity expansion=BPE
Diversification= D
BE= Empire
Stage 1

BI+p+sp+C+HE=productivity

Stage 2

P+A+S+P!= GP

Stage 3

Gp-E=Np

Stage 4

NP- AC=SV(note 40% np should be saving and 60% be AC
Also Savings should be divided into two which is cash at bank and assets (properties, treasury bills, stocks) etc

Stage 5

AC =BPE which leads to D= BE
So if you need a big business empire use this model and you canodify it to suit you thanks and let grow together