What is Business Maxim?

Starmix

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Business Maxim is not only found in holy places, in serious types of organizations where a maxim is set to follow., but it is also found in a business. Maxims are simple or basic rules that guide action. They are set in a company or business which relates that actions speak louder than words. It is not encouraged for employees to do the blah, blah, blah while at work, but they have to act out what is assigned to them in a particular department.

Maxims are always easily recognized and easy to be remembered by everyone in the business. There is a folk saying that states and I quote: “A penny saved is a penny earned,” This is an example of a maxim of frugality. It is a very simple rule. What is your stand on this? What maxim could you share?
 
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astutimeliana723

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Maxim's business here is online transportation services, such as online motorcycle taxis. They provide services between passengers using motorcycles, cars. They also provide services between packages / goods. Is this the business do you mean? :D
 

Heatman

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One of such rules that will always apply to any kind of business is that you should try as much as possible not to spend more than you make from your business otherwise the business is going to crumble.
 

Starmix

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One of such rules that will always apply to any kind of business is that you should try as much as possible not to spend more than you make from your business otherwise the business is going to crumble.
That's one good maxim for business especially if it's new. Business owners must be frugal to avoid addicted to spending without thinking.
 
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cherry123

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I know of Maxims as simple rules that guide action in life .but never thought about it in business. it is good to be adopted of it will help the employee do better in the business
 

Starmix

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Even me cannot believe that there is also a maxim in business. Another synonymous meaning of maxim is aphorism or saying.
 

Passiveearner

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Even me cannot believe that there is also a maxim in business. Another synonymous meaning of maxim is aphorism or saying.

Well, I think that certain kinds of maxims might be used ion order to follow the ethical ways to deal with people in the business organisation, as this is one of the crucial ways to make sure that you deal with people in the right manner.
 

Starmix

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Well, I think that certain kinds of maxims might be used ion order to follow the ethical ways to deal with people in the business organisation, as this is one of the crucial ways to make sure that you deal with people in the right manner.
You're so right, a business maxim is what guides workers to work the best of their abilities for a common good, for progress and development to the business or company.
 

Niyi Briggs

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I have a business maxim that emphasizes excellent. It goes like this, "If it is not excellent, it is not worth doing. And I drum it and emphasize it to all my staff.
 

Starmix

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A business maxim is what guides the business operator to the right path likewise to the employees. They will surely work hand in hand.
 

Heatman

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That's one good maxim for business especially if it's new. Business owners must be frugal to avoid addicted to spending without thinking.
Most people who run businesses don't always look at this when they started new which is why some of them have serious issue when it comes to balancing their accounts.
 

Starmix

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Most people who run businesses don't always look at this when they started new which is why some of them have serious issue when it comes to balancing their accounts.
Agree with your point of view. Those new business operators are so inspired and motivated of their whims and desires, forgetting the effects of negligence.
 
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