Quote from: Fara Chan on June 27, 2024, 03:09:24 PM

Entrepreneurs who are starting to make their business bigger by having several branches as their network always move with careful consideration. So when it comes to borrowing and lending money to increase capital, he has to pay very, very close attention to it before actually doing it because it only has one important goal, namely to make the business grow more rapidly and also be more advanced before all the loans are paid off by the deadline itself.

Loans can be productive or not, depending on how we use them and when someone decides to take out a loan, they should understand the resulting risk.
Now without capital support it is almost impossible to develop a business because if the capital we have is small the business will never be able to develop rapidly.

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Don't worry about any competitors because any good fortune will not be exchanged and I have actually seen an example of a company that is big now, such as iPhone, which has never felt afraid of the presence of Samsung in the midst of such a broad market attack by that manufacturer. Competitors are our motivation to develop to be better, although I also do not ignore capital because in terms of capital it does not only include money, but also important thoughts and strategies that must be built before spending more money in business.

In business we need to worry about competitors because if we don't have the option to make the business grow further then we will experience bankruptcy.
Now there is a lot of competition in the business world and they have a lot of capital to develop and if we are not able to keep up then the business we run will not develop.
Business comparisons cannot be seen from the level of large companies as you said because they do have large capital. This speaks to business people who do not have large capital and they must try to compete with other businesses that have already developed.

Without sufficient capital, promotional strategies and the level of utilization of the products we sell, it is difficult to develop in this day and age.
There are many competitors who have everything when it comes to building a business and we will be left behind if we don't have these three supports as I said.