Starting a Buisness

What are some important things to keep in mind in order for businesses to be successful? I think advertisement and promotions are extremely important. You have to get the word out about your business. Sponsoring events, like festivals, and auctions, gets you name out in the public, on the backs on t-shirts, etc. No one but the people who drive by your building every day on their way to work will know about it if you don't advertise. That's what kills some businesses. Sure, you've got people you somehow hear about your business and use it, the regulars, but if you don't get more consumers, more people to hear about it, you're not going to profit. Also, promotions are important. When new people come into your business and see a special going on, they're going to be even more excited to spend their money and time there. Also, it's kind of like a thank you to the regulars, a way of showing your appreciation. It shows you know how to draw people in, with specials prices or deals. Two-for-one deals on items or services. But what also kills some businesses is too many promotions.Eventually you're going to lose money. Y9u need to blance giving deals but also selling full price. I think with great promotions and advertisement you can have a good buisness.