Post
Topic
Board Economics
Re: Business failure among small-scale entrepreneurs
by
junder
on 15/12/2023, 18:13:54 UTC
CONCLUSION
Establishing a strong and firm business doesn't come easy. It involves patient, time, passion and hardworking. Young entrepreneurs should try to learn from failed businesses and guide themselves with successful businesses.
The term building a business is not easy because it takes a long time to see the business develop, in fact many companies have to increase capital every year for the business they run and can only enjoy the results several years later when they have mastered the market Business requires large capital, skills and a good communication network, this is what makes it easier for many business people to develop because they receive encouragement and support from certain parties to develop it.

That's right, it does take a long time to develop a business, because all things require a process, where the process that must be passed is not just one, but many processes that must be passed properly. and the development of a business also depends on someone who runs it, if someone can run it well maybe the business he runs can develop quickly. vice versa, if someone runs his business poorly the possibility of his business will take a long time to develop and it could even be that the business he runs is bankrupt, and this of course must be avoided one of them by running the business as well as possible.