Post
Topic
Board Economics
Re: Planning on starting any business?
by
Franctoshi
on 13/06/2025, 21:33:44 UTC
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.
Running any physical Business now is like knowing the dangers ahead and proceeds, which area would you talk about, increased Petroleum pump price, Shop rent, electricity tariffs, Transportation and increased Data prices ontop of inflation.

In my area, many businesses has completely gone out of business both existing and newer ones Big and SME's