Objective.  Accurate.  Reliable.

The Three Laws of Business

I present a concise set of the most basic principles governing a free enterprise organization, or business.  The collection below has to be taken as a whole, and no single law can be used without consideration for the others.  Also, the order in which the laws are given is important (i.e. the first law is the most important).

Law 1

A business will sell a product other persons buy.

Law 2

A business will grow over time.  The growth rate can be either positive or negative.

Law 3

A business will cycle.  There will be more than one cycle.

Kyle Atkinson.  President and founder of the Financial Forecast Center.

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