How to run a successful Business

Members Advert

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.

This Post Has 77 Comments

  1. Terwase Sesugh

    My business failed because I did not do enough research,thanks for the update

    1. Nkwegu Ifeyinwa

      Thanks for the information , atleast when I want to start a business I do my research

      1. Abdulazeez Olakunle

        Amazing thanks for the update

    2. Fadeke Duyile

      Some business environment needs to be studied true fact

  2. Daniel Okon

    4 good outlined facts, from a well done research

      1. Iyiola Immanuel

        Thank u for the update…. I also intend to start a small business… Following ur guidelines will help me

  3. Usman Opeyemi

    No matter what ur condition
    Please ? find a business doing

  4. Ezekiel Okon

    By this,
    I believe
    Success is ours

    1. Ekundayo Segun

      Amazing word I believe that

    2. Olaniyan Isaiah

      Thank for sharing this Post

    3. Precious Efiok

      I surely believe in this

    4. Christian Okereke

      business requirement before you start your research and know how the business goes

  5. Nwokorobia Chinonso loveday

    Making a friend with someone already in the business would be a step forward.

    1. Peter Sunday

      Making a friend with someone already in the business would be a step forward.

      1. Emmanuel Nathaniel

        This should be nọ 5

  6. Mercy Oruegberi

    That’s a very good write up for business minded people

  7. ABRAHAM Abraham

    That’s a very good write up for business minded people

  8. Mgbakor Uchenna Samson

    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.

  9. Anastasia Okorie

    Reacting towards number 4: even with the little you have, you can always get started

    Thanks for sharing

  10. Abdulazeez Imran

    Not the day mama gave birth to us we starting crawling, keep pushing, you shall make it one day

  11. Afamefuna Okpaga

    Very important to an employer of labour

  12. Arikezukde Musa tete

    OMG this interesting

  13. Ebelechukwu Ndubuisi

    Research is very important in business,yeah.

  14. Rebecca Bankole

    Most things people do that make them run at a loss is targeting the wrong market.

  15. Esther Ekong

    It’s very helpful but what happens if you have fulfilled all these criteria.

  16. Amarachi Gracious

    Really not every market is suitable for your business,we need to find the right market

  17. Adebayo Ganiyy Eniola Ganiyy

    Thanks for enlightened me

  18. Obumneme Mgbike

    Well organized content
    Kudos to you

    1. Taiwo Oyalude

      Surely believe it would be great

      1. Hamza Abdullahi

        I understands that the right resources helps in running business well

  19. Emmanuel Inalegwu

    I will soon turn to a business man

Leave a Reply