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How should an inexperienced person who has just set up a factory run his own business well?
"A person who has just learned a technology wants to set up his own factory" can be seen that you are a technical entrepreneur. For this type, it is best to cooperate with people who have funds and want to start a business. Only after production and sales are managed separately can enterprises develop better. You specialize in technology and production. Only in this way can we innovate technology, control production costs and constantly update technology so as not to fall behind. Another person should do a good job in daily management and sales, so that the market will continue to expand and it will be possible to recruit employees of other professions and functions. "Small scale and inexperience" is not a problem. First of all, we must control the quality. Only with the continuous improvement of quality can we attract customers, retain customers, and then expand according to orders after making profits. Be cautious about everything that is inexperienced, especially legal advice on contracts, labor relations, property rights, patents, taxation, etc. Others, such as collecting and paying from suppliers, handling customers' accounts, and all aspects related to money should be cautious. In the case of insufficient funds, to maintain cash flow, that is, the inventory of raw materials should be reasonable, and production cycle, inventory cost, logistics cost and sales expenses should be considered. The liabilities of enterprises should also be reasonable, and there is the issue of credibility, which is the most important for newly established enterprise legal persons. In the future, if you encounter problems in enterprise management, you can consult me. I'm glad to see that everyone has successfully started a business. I hope you have a successful career!
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