What does a company require?

A company requires 4 M:

1. Money
2. Material to make the product
3. Machine
4. Manpower that connects all the above points

Material, money (warehouse planning or cash flow availability planning), and machine (with the technical and engineering skills) is managed by the manpower.

A business Owner usually gives a lot of focus to finance, marketing, operations, and sales but does not feel the need of having HR that runs all the verticals.

For example:

• Coco-Cola is a multinational company
• The material they require is water, concentrated syrup, soda, gas, carbon dioxide, sugar, bottles, and packing material
• The machines required are soda making machine, bottling plant and material handling machines.
• Therefore, they don't have a very huge technology and even if you have Rs. 4 to 5 lakh, you can start a small bottling plant of your own.
• Now, what is so different about...