7 Reliable Indicators That a Business Will Be Successful Past Its First Year
1. High Rate of Return Business
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By Keith Tully If most of your customers or clients returned at least once this year, then you could be off to a good start. Keeping your targeted audience engaged while maintaining high quality standards is perhaps the single-most important aspect of managing a successful business. A company that is able to keep at least 25 to 50 percent of its customers is in an ideal position to achieve continued success, especially if this rate of client retention is accompanied by two more of the indicators on this list.