Business is a life blood of Every Nation,state or country but due to lack of proper understanding of the concept many small Business go down within there first year of operation . This is sometimes attributed to so many factors that are beyond the control of the owner while some go down due to ignorance. Below are some tips on how to Run a successful business.
1. Understanding the business environment: Many business go down due to proper understanding of the business environment . There are alot of business environment ranging from, political, economic , social and many more . If all environmental factors are not understood it pose a trait to the business owner.
2. Targeting the wrong segment of the market; A proper research needs to be done before venturing into any business otherwise you will be a victim of your own situation.
4. Make sure you have the necessary resources to run the business till to the end.
My business failed because I did not do enough research,thanks for the update
Thanks for the information , atleast when I want to start a business I do my research
Nice one
Amazing thanks for the update
Some business environment needs to be studied true fact
4 good outlined facts, from a well done research
Captivating
Thank u for the update…. I also intend to start a small business… Following ur guidelines will help me
No matter what ur condition
Please ? find a business doing
Informative.an eye opener
By this,
I believe
Success is ours
True
Well done research
Amazing word I believe that
Good advise, I accept it
You’re right
Thank for sharing this Post
I surely believe in this
Great
✍️✍️
business requirement before you start your research and know how the business goes
Making a friend with someone already in the business would be a step forward.
Wonderful
Making a friend with someone already in the business would be a step forward.
This should be nọ 5
That’s a very good write up for business minded people
That’s a very good write up for business minded people
Yes truth talk every business have where it moves well so before you inventure into any business make sure you check the area where you want to do it if is going to move or not.
True business taught
Reacting towards number 4: even with the little you have, you can always get started
Thanks for sharing
Have good plan
Not the day mama gave birth to us we starting crawling, keep pushing, you shall make it one day
Woo
Very important to an employer of labour
OMG this interesting
Research is very important in business,yeah.
I believe that
I love that
Very educative
Nice
I believe that
Most things people do that make them run at a loss is targeting the wrong market.
That is good
Very nice article
On point
It’s very helpful but what happens if you have fulfilled all these criteria.
Really not every market is suitable for your business,we need to find the right market
U are very correct
Thanks for enlightened me
Fact
Good advice
Well organized content
Kudos to you
Wonderful
Surely believe it would be great
I understands that the right resources helps in running business well
Nice one
Nice advice
Interesting
Good information
Cool
Thanks for sharing
This was helpful
Wow
Very important
Nice thanks
So interesting
Well
Apt.
Good advice
Hand work pays real big
Wonderful
Good
Facts
Facts
Great
Nice one
Wow!
I will soon turn to a business man
Good one