Want to Revamp Your Business? Here are 5 Steps to Achieve it
By Sangeetha P, Online Content Writer, siliconindia | Friday, 18 October 2019, 07:09:02 PM IST
Planning & Implementation
This phase of reinvention would take back every entrepreneur to the initial stage when they set up their business. As reinvention could be considered as the second beginning, thus, the entrepreneurs should start the preparation from scratch. This step is crucial as the businessman has to examine the competitions that would come up after implementing the changes and should also find the possible measures to overcome those competitions. Additionally, understanding and meeting the customer's need is also the most critical point to be inculcated while in this phase.