Quote from: Hamphser on September 27, 2022, 09:45:41 PM

Quote from: Rockstarguy on September 27, 2022, 08:50:04 PM

Quote from: odunybiz on September 27, 2022, 07:41:00 PM

Reason why businesses may fail

Inability to maintain quality can also be a reason for a business to fail, Customer's always want the best, the moment their is lack of value it can change the mind of Customer's to go after something else and may not come back. Business can also fail when you don't know what your customer want.

Yes it is, businesses doesnt have everything thats why on being an owner then you should be that attentive and adaptive on the same time.If there were lacking then you should immediately add up because if

people would find out that it doesnt really have that kind of feature and find out something else then they would really simply skip and leave out.Its true that people would always be looking or go after for the best.

Building up a business doesnt automatically means success.There's always been a risk and this is why you would be trying out to avoid as much as you could and trying out to
give out the best service that you could really able to do so.

There are many reasons why when running a business fails along the way, the first is that the business we designed is not in accordance with our skills, so we are forced to do the business without any other advantages, after that, when we make plans without maturity, the end result continues to open the desired business, then give up quickly, usually you just give up after the process of the business you are working on starts to fail slowly and finally, whatever the end result is, you have to be satisfied and ready to take risks as time goes by, keep updating new things according to market desires.