Post
Topic
Board Economics
Re: Business failure among small-scale entrepreneurs
by
usekevin
on 26/08/2023, 23:40:37 UTC

Most business start out with high quality products or best in service quality delivery but I er time it has been noted that they begin to drop the quality by 1% at first the customers don't notice but the. It cannot be hidden for ever. Some factors are to blame though like if the economy of that country hits inflation and the business takes a hit but need to keep running so they sacrifice quality for longevity or profit in the business.

The business is based on the quality and the quantity,if the business is the less quantity one.Then the business is the small business,So the business holder will be the starting businessman most of the time.If the business is satisfied with less quality, then the lifetime of that business will reduce to the shorter time period.So in a business, we should not satisfy with less quality and less quantity is doesn't matter.Because it's based on your capital to business.