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Reasons for the failure of many business
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[QUOTE="Hagson1, post: 220927, member: 70904"] It has now become one of the things that affect almost very person that is about to go into business. Many people before they go into business they are already thinking of failure, the question usually comes in form of what if I fail, what if people do not patronize my goods. It is estimated that 65 percent of all businesses are not likely to survive the first 10 years after establishment. After some investigation and experimentation I have find some of the reasons why business failed today. This is to give us awareness about they business failed and help us correct it in our own business so that we won't end up with a failed business as well. 1) negative mindset: Your mindset as an entrepreneur matters a lot, in fact is the most reason why business fail. What is that which you have in mind. What do you have to offer to the community. Therefore of your business to be productive, you have to be positive minded. 2) location: Location is also very important in setting up a business. The entrepreneur has to know the location he is going to start his business with. Let it not be too for his customer. [/QUOTE]
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Reasons for the failure of many business
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