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Reasons for the failure of many business
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[QUOTE="TOZZIBLINKZ, post: 221037, member: 37528"] [I]Business owners try to make their business flourish by doing their possible best in managing , controlling , and financing their business . But no matter how hard I try some of them and counter failures as a result of some factors not put into proper consideration . during the initial establishment of a business business owners must put into proper consideration the location of the business . The location of your business clearly determined the potential rate in which your business will be able to satisfy the needs and wants of it customers . For example , if you want to establish a business that has to do with buying and selling do you must make sure to see that your business is being situated in an area with high population , since as a result of high population you will be able to yield high profit and vice versa . It is although true that not every business need to consider the location in which it is to be situated , businesses that has to do with agricultural activities like planting and rearing of farm animals and crops do not necessarily need to be in an area where population is high . This is because due to the corrosive and offensive odour of most farm animals it need to be situated far away from where people lives .[/I] [/QUOTE]
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Reasons for the failure of many business
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