Every business requires four important elements to be successful. There is a definitive need for better management in every step of delivering a product and service. The four key elements of a successful business are finance, operations, customer service, and research. Financial shortcomings and burdens can break a company’s back. At the same time, if the customers are not satisfied, the business will face a loss in sales. Failing to maintain efficiency with the new challenges can also be a problem for a business. Every business should invest in an R&D department to keep their product or service fresh with every new and upcoming technology.