Most businesses fail in the first couple of years. It’s just so hard to run a profitable business in the current climate so I am full of respect for anybody who is able to do so. It takes a lot of risk, but if you can be successful then I can envisage it being so rewarding.
Everything is all about hard work and working smart for anyone to become successful in this current economic condition. It shows how prepared they have been even long before they started that business; they have made every proper plan to make sure they are ready to face whatever challenges they are being faced with on their journey to raise that business up, although one can never be too prepared, as there are some unforeseen challenges which can just arise from anywhere, and it will affect your business, like unfavourable trade policies.