Article X - Legal Awareness Series
Formal Documentation – Summary Thoughts. As we move forward in the journey of development & growth of any business from “individual-based “customers to “society-based” customers the importance of proper documentation” to make the business deals successful and hassle-free becomes evident. Every business entrepreneur goes through the stages of business growth: Establishment of business Getting market share Sustainability Stability Overall Growth When the entrepreneur moves from individual to society-based customers, every entrepreneur should also simultaneously aim at moving ahead from society-based customers to corporate customers. Corporate customers play a vital role in the development and growth of the business of the entrepreneur. The amount of business that a corporate customer generates is far more than that generated through a sizable group of individual customers. The advantages of getting Corporate Customers are: An entry into a competitive market ...