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Why you should follow business news as a business man
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[QUOTE="Jasz, post: 272139, member: 61772"] [FONT=Verdana]I think it's important to follow business news as a business owner, because it gives you a lot of insight into what's going on in your industry. For example, if you're running a coffee shop and see that there's been a flood of new espresso machines in your area, you can take note and consider whether or not you need to upgrade your equipment. Alternatively, if you see that the number of restaurants in your area has decreased by 30% over the past five years, you can use this information to determine whether or not there's a problem with demand for food or service at those businesses. You should follow business news because it is your duty as a business owner to be aware of what is going on in your industry or market. You should know if there is a new trend or if something has changed that might affect your business. You can also find out about the competition and how they are doing. Business news can help you avoid making mistakes and save time by learning from others who have gone before you.[/FONT] [/QUOTE]
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