A business that has no serious planning is never a business, but it’s real gambling. You are only risking your capital to lose, that’s why as much as possible, know your business well and make clear target goals that you are sure to be attainable. Otherwise, everything will turn into gambling, like entrusting everything into luck, instead of building your business from a knowledgeable and skillful point of view.
Surely, in any business that doesn't have better planning will always end up of losing alot of is funds in the business. Anyone that want to start any business need to know which time of business is trying to do and look the environment if is good to run a business or not. You need to make a research and analyse the place. Business is good but you need to know the business you are going to do, if you don't want to lose everything easily.
Normally any business as is on risk but is more better you understand the business and know your competitors and know what your customers need. Is not only a business you will make a plan. But anything that can bring profit you need to set your goal, and know your target. Business, investment or trading this three things you need to make a steady plan if you want to enjoy the benefits of them, because without any plan and you get in to the journey just know that you have enter something that can not be predictable anymore and he will definitely make you lose huge funds. So is very advisable to think well and plan and make a good decision in any business you are trying to embark on.