Starting a business can be a great challenge and a beginning of a real success. There are several things to consider and plan in order to have a successful business. The choice of the business is one of the most important things; it is recommended to choose a business in the favored of loved field. Most of the successful business people are working on their devoted field. Doing thing that is enjoyable as a business may lead to a real success. Creating a business based on a hobby is recommended; it can improve the chance of success while doing the loved activities.
It is recommended to start a business while still employed; it can prevent unwanted situation when a newly started business is struggling to earn the first profit. The ability to recognize and create a business support system is another good point towards a successful business. Having a business mentor or joining a community that can improve the overall performance of the business is very valuable. The ability to attract and get customers is very important for every business; there is no business that can survive without the presence of clients and consumers who are buying the products or using the services.
In April 2012, there were three Louisiana public pensions that invested for about $100 million in the hedge fund of New York that was managed by Fletcher Asset Management with the promise to give high return and with low risk. The investment often referred as the best investment in media. The number of investment is clearly significant one. However, last week the Pension and Relief Fund have filed the lawsuit regarding the investment on Fletcher Asset Management. The lawsuit will go against the defendants that will include the Fletcher Asset Management and the top executives as well as the administrator of Citco Group along with the subsidiaries.
The accounting firm called Grant Thornton as well as the investment consulting firm called Consulting Services Groups are also included in the suit lodges because these firms are the ones advised the three public pensions into the investment. From the first time getting the returned fund, the three pensions promised to be able to get 12%. In the further investigation, some experts feel a little curious with what happened and even feel that there is something wrong with this condition. But however, the lawsuit will continue to roll on. Speculations will keep on rolling as well until the matter is finished.