Business components may include the business plan and structure, the accounting, the legal component, the management, sales, marketing, customer service, customer retention, product, manpower and technology. The business plan and structure should be the first to be achieved in starting a business as from these arise the ideas and strategic moves of the business in trying to flourish. The accounting and legal component on the other hand refers to the documentation, filing and availing all the necessary financial transactions and legal documents the business would need in order to operate.

Sales and marketing are the bread and butter of the business as these tackle the generation of income. Management may be referred as the brains while the customer service and retention serve as the heart of your business. Technology on the other hand are like bones of your business that makes the processes easier while manpower are like the muscles that make them work.

Life is like a big production composed of different shows where we exist to play our own roles. If we don’t know the role we play and the responsibilities we have, then the show would be a big flop and success would be far from sight.

ACM eShow is your online resource for the business world. It will help you understand every responsibility you need to do and help you do them successfully.