Common reasons businesses are established.

CALVINDOL

VIP Contributor
There are definitely so many reasons majority of people choose to go into business but one of the most common and major reasons people go into business is to satisfy the needs and wants of members of the public, secondly people go into business so as to earn a living possibly because of the fact that there is no available White collar jobs for them to seek an employment for and so rather than staying idle they engage themselves in establishment of businesses whether small-scale or large-scale. Paramountly and mandatorily, people go into business to earn a living and in order to successfully earn a living out of a business, your business in particular should be able to satisfy the needs and wants of your targeted audience. Every business has a targeted audience and even if the business is established in small-scale it actually have a targeted number of audience in which it is able and capable of satisfying your needs and wants.

Whatever kind of business which is to establish it is so much better to focus more on the actual management of the business and how great we are in making the business impact the lives of those surrounding the business environment. Although there are other factors to put into proper consideration when establishing a business such as the population, the business environment, crime rate of the environment, financial funds, and competition etc, but the most important, is our ability and capability of actually managing the business.
 

Augusta

VIP Contributor
People established their businesses for different reasons though a lot of people go into doing business for money but others have different reasons as well apart from money.

The first reason anybody established a business is to make money as a full-time or have a part-time business. Bottom line is that you have what you wanted which is a business of your own people. Having a business is to put into place ideas or business idea people have in mind, the kind of business they wanted to establish and see grow in the world so they established it and this makes them fulfilled because it has been their dream

Another reason is to have a legacy lots of businesses has been established for posterity so that even generation yet to come would also benefits from the creation of that business so it becomes a win-win for everybody.
 

TOZZIBLINKZ

VIP Contributor
Human needs and wants are so many and numerous and so because of this for our needs and wants to become satisfied we need to go to either a grocery store or to where this our needs and owns could be satisfied. In conclusion these places are businesses established and owned by various individuals with different perspective and with different goals and objectives to accomplish in their established businesses.

People establish and go into business for the purpose of earning a living and they can only earn a successful living out of their business when they are able to satisfy the needs and wants of members of the public with what their business have to offer and failing to do so simply means that they cannot make reasonable amount of profit in their business that is why they need to put all the factors are necessary calculations that can totally determine the business success and satisfying the needs and wants of members of the public .
 
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