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Business strategy
Demerits of lone business operating and management.
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[QUOTE="TOZZIBLINKZ, post: 279256, member: 37528"] Sometimes managing and operating a business alone could be very interesting for example you stand the chance to enjoy all the business profit income and other good incentives. Moreover you stand a chance to end the reputation of members of the public but that totally depends on how effective but your business have impacted members of the public. Managing and operating a business alone is not all smooth and easy, there are definitely downsides to managing a business pay loan some of which includes: [B]Bearing all the business losses and liabilities: [/B]as the only one managing and operating the business, you also stand the chance to bear all the business losses and if the business is owing a huge sum of money as liabilities to another company, you being the manager will have to pay and bear all the negative repercussions and insults that may come about. [B]Stress and fatigue:[/B] being the only one managing the business you may end up encountering numerous amount of customers and clients in which you have to work extra hard to make sure that their needs and wants are satisfied, and in the process of doing so you bring to yourself dehumanizing health effects such as stress and fatigue. [B]No second idea generation and motive counseling: [/B] Being the only one managing and operating a business you might have to make all business ideas decisions and opinions or by yourself, and to some extent you may doubt and show some sceptical behaviours to some of your ideas and opinions, and the worst part is that you do not have anyone to compare your ideas with in order to make sure that you are making and taking the right idea and steps. [/QUOTE]
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Demerits of lone business operating and management.
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