Qualities of a successful business

These are the three main qualities a successful business may have

1.- Responding to change

Ability to respond well to change. Change happens frequently. You must to adapt your business to consumer necessities.

2.- Filling a market niche (it is a small segment of the larger market)

Know your target market well. Some business owners look for market niches and design goods and services to serve them.

3.- Understanding demographic (study of statistics relating to population)

Find out new opportunities and the new needs people will have.