This document contains a presentation on the prerequisites of a successful business. It lists the following key elements: defining a successful business, company objectives like increasing profit and revenue, planning, developing relationships, market research, distribution channels, adequate finance, risk management, attractive location, and effective management. It concludes that following all these prerequisites is important for a successful business organization.

1. GROUP NAME : EMERGING STARS
Member name Roll No.
1. Raisa Islam Khan 269
2. Bipasha Hossain 280
3. Jakia Sultana 281
4. Sheikh Nafis Imtiaz 298
5. Md. Lutfun Arefin 306

2. Welcome to our
Presentation
Department of BBA
DHAKA COMMERCE COLLEGE

3. PREREQUISITES OF A
SUCCESSFUL BUSINESS

4. DEFINING SUCCESSFUL
BUSINESS

5. SUCCESSFUL BUSINESS
A successful business
is one that a
businessman must
render a worthwhile
service or make a
quality product that
can be sold at a profit
consistently and
continuously .

6. FEATURES
Prerequisites of successful
business

7. COMPANY OBJECTIVES
To Increase Profit
To Increase Revenue
To make Customer happy
To Support the Community
To build amazing product

8. PLANNING
To develop a strategy
To achieve desired objectives
To solve external problems
To increase the productivity
To improve the organizational
structure

9. DEVELOPMENT OF RELATION
To maximize employees
performance
To understand the emotions and
needs of others
To keep a working environment
To achieve the goal

10. MARKET RESEARCH
To test consumer’s acceptance of
product
To improve aspects of business
To serve information from consumer to
producer
To know the popularity of brand
To develop competitive strategies

11. DISTRIBUTION CHANNEL
To make product available
To reach the product at the actual
consumer
To supply product with minimum
cost
To take control over the channel
To achieve the loyalty of consumer

12. ADEQUATE FINANCE
To consists the capital of business
To buy the permanent assets of
business
To reduce the risk of bad debt
To ensure the right use of fund
To attain the success

13. RISK MANAGEMENT
To produce variety of product
To reduce and control expenses
 To consists a business co-
operative
To decentralize the market
To recruit a market analyst

14. ATTRACTIVE LOCATION
To find a convenient place
To connect with consumer
To get the advantage of transport
To collect product materials in short
time

15. EFFECTIVE MANAGEMENT
To observe the business carefully
To capable of managing any hard
situation
To motivate the indolent and insolent
worker
To co-ordinate among all department
of business & lead to success

16.  In the conclusion of the
essentials we can say
that all of those
prerequisites are
important for the
successful business
organization.
 If we follow them we can
get along with others will
go a long way to make a
business successful.

17. Any Questions ?