'Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do." ~ Steve Jobs
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Greetings To All Readers!!
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Business is a key to economic growth, job creation and social development. Business provide wide opportunities for economic stabilization and financial freedom. I'm a student of MBA (Master Od Business Administration) and I embrace the perks and opportunities of financial growth in business. I want to build a business that would be inherited by upcoming generation in the long run.
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Business I Want To Leave In Inheritance :
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The details of the business that I want for upcoming generations to be inherited is below 👇
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Family-Owned Businesses with a Strong Brand :
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My elder brother has clothes and fabric shop. I also have been working as embroidery designer. We are well familiar with fabric designing and manufacturing business. If we brothers build family owned businesses with a good reputation, we can launch a strong brand in the market. With fabrics supply to local markets we can grow this business on large scale. With customer loyalty, profits and reputation this would be best business to be inherited by upcoming generations.
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Real Estate Holdings :
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'It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can't fly away." ~ Anthony Trollope
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Real estate investment, such as rental property, commercial buildings and lands are profitable business to be inherited. I'm living in rental place and I am witness of the value of investment in the real estate property. It has potential to earn 1000x profit in blink of an eye. Investment in rental property has potential to earns specific income stream in the form of rental charges and increase in the value of assets.
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Established Franchise Operations :
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I'm inspired by the idea of franchise operation in business sector. I want franchises of ou clothing brand be operational in various cities and in different areas of my city. In the franchise business systems we can get support from business enthusiast and experienced franchisors. Brand would be accessible to the customers from different corners of the country.
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Preclude Remarks :
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Ultimately, best business to leave as inheritance for upcoming generations is dependant on the goals, circumstances and personal preferences. It is important to choose business according to one's interest, skills and experience. Whatever you do, do with love. Don't give up on your goals until you are done.
"The best way to predict the future is to create it." ~ Peter Drucker
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Images used in this picture are designed by author otherwise source and credited.
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