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Business strategy
Three top ways to survive a business failure
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[QUOTE="TOZZIBLINKZ, post: 215633, member: 37528"] There is absolutely no business owner , employer , manager , entrepreneur etc. Who established a business only to go bankrupt or liquidate in the future. But rather the m as always been to satisfy consumers thereby making more and more profits. No matter how hard we try to sugarcoat the situation most businesses today still fail and most of these failures are caused by internal or external consequences as a result of action embacked by members and workers of the business environment. One important reason why most business fail today is as a result of poor research and experience . The joy of establishing your own business idea is heart trilling , yet not all business ideas are actually good business ideas no one that most businesses whose intention of vision is to make profit fail , liquidate or go bankrupt in some couple of days , years , weeks and decade etc . that is why it is advisable that before implementing business ideas it must be well thoughtful and interacted with advance or experienced business owners. Another reason why most business fail is lack of capital to keep the business in proper condition . Most business owners develop the habit of irrelevant and excessive spending thereby forgetting the act of inventory control practice in the business environment . Thereby causing goods or commodities to finish before time as expected. [/QUOTE]
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