Some people think that the only way to have success in business is to have a unique product. What factors, do you think, influence the success of a company?

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Business is always the best way and the main way to make money. There are many people who are trying to build a successful business but however there are plenty of them who fell down into the abyss and bankrupt，but just a few of the success a little bit, and just a little from them can have a huge success. However, there are many examples of the business, but what are the factors that make a company successful.

In my opinion, I think that the most important thing that first secures the success of a company is the capital. When people are starting a business, the first thing that enterprises need to prepare is capital. The amount of capital will totally influence many aspects of a company. For example, how much capital that you may use to be liquidity for maybe event, daily activity working capital, how good is the equipment can be used, how many employees can be employed at once time, and so on. Simply say, capital is the thing that decides the company size.

 

The second factor that will influence the success of a company is the capability of the employee. The employee is the most important part of the company. Employee function as the main processor in the computer. The employee is the person who has control of a company. For example, the employee will choose what product that company selling, having what event to promote the product, the company should play safe or aggressive in the market, and so on. This also means that the employee is who analyses the situation to make the decision-making become easier. Simply say, if the employee is enough excellent based on the capability such as leadership, communication, teamwork, efficient working, and so on, so the company will easier to succeed.

 

The third factor of the success of a company is the relationship. The relation is always in our life, it can be differentiated into many types such as family relations, friends relations, government relations, and also the most important relationship in the business which is the customer relationship. The customer is the source of income. when a company has a good relationship with the customer, the customer will generate more trust in the company, and more willing to do more sales with the company. The customer is also the best method of propaganda. The more customers trust the company, the more people will know the company. For example, when a customer chats with his friends about where he bought the product, then it will be propaganda for the company. This is also why the customer is one of the most important sources and factors to make a company successful. 

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