Coping with business challenges

[Sarfraz Ali123]

Being able to predict customer trends, market trends etc. is vital to a changing economic climate, but not every CEO has Warren Buffett-like predictive powers. Bringing in a consultant trained in reading and predicting those all-important trends could be the difference between a bright future and a murky one.

 

[Kunkun]

Without belief in one's self there would little one would go ahead to achieve in life, you have to step out of your comfort zone before one can grow, no pain no gain and no risks no rewards

 

[Setho]

In business, you should know that there is a time for everything. Proper time management knowing exactly when you should work and time for resting would help you overcome all those stress.

 

[Fozzy_boy]

My advice for them is this, you can never really know how something will be until you give it a try, when you are your own boss, you can work at any time you like unlike a 9-5 job which you have to go through throughout the week, it is stressful, although business is stressful as well, but you are the one in charge and you would have control of how you would run things there.

I think it’s really easy to say than do because it might not be really easy like that to start a business and ensure you run the business on a large scale maybe because that’s when he can get profit on the business to take care of his family

 

[Setfragil]

It is not that most people are comfortable with 9 to 5 work, some people just find it difficult to secure a better job than the regular morning till evening job.

 

[Richard92]

Coping with business challenges can only be done if the business is runing in a self money capital whereby is their is any damagies or loss in business, their won't be any stress of how to return borrowed to the borrowed owner because the money is from self account.

Most time is very difficult to cope with business challenges but with your dedication in the business you will be persistence even though you see the business running into loss.

 

[Deucalion]

It is not that most people are comfortable with 9 to 5 work, some people just find it difficult to secure a better job than the regular morning till evening job.

People that are not comfortable with with 9 to 5 job should look for a way to establish their own business because a business is likely to generate more profit than any other investment, some people are just afraid of starting up a business.

 

[eLdavis]

Coping with business challenges can only be done if the business is runing in a self money capital whereby is their is any damagies or loss in business, their won't be any stress of how to return borrowed to the borrowed owner because the money is from self account.

Very true, if a business relies on a third party for capital, it could cause delay as most times the third party would have to agree first before the money would be released. Most they would have to go through your ideas and plans before they would decide on giving out

 

[Josemendez]

There are a lot of people out there and who are simply comfortable with the usual 9-5 work because they have anxiety issues or simply because of fear of failure. Some don't even see themselves as a leader, you know having a host of employees work for them, they feel like the responsibility might too much. What advice do you have for people like that?

Well , there is need to know the number of employees that the company needs and employ them irrespective of whether he can manage them or not. He can then work towards seeing how to manage things.

 

[Setfragil]

People that are not comfortable with with 9 to 5 job should look for a way to establish their own business because a business is likely to generate more profit than any other investment, some people are just afraid of starting up a business.

Starting up a business is easy, managing it to be successful is the most difficult part. Some people want to achieve something reasonable in life with their salary job before they start their own business.

 

[Richard92]

Coping with business challenges can only be done if the business is runing in a self money capital whereby is their is any damagies or loss in business, their won't be any stress of how to return borrowed to the borrowed owner because the money is from self account.

Most times some business can be very challenging the best way for you to cook with business challenges is for you to be dedicated to your business no matter what you are passing through in such business.

 

[kay169]

Most of these “fear or failure” thing is because of low self esteem and they don’t have an idol to look up to or someone to help them build confidence !

 

[Setfragil]

Challenges will always come in business, you must be always prepare for it so that when it happens, you will not be taken unaware in taken the right decision.

 

[skyliequiz]

Criticizing yourself and your team/employees, as difficult as it may sound, is a helpful first step in dealing with problems. This can help you avoid making the same mistakes in the future, as well as providing insight on how to improve issue areas and be more prepared in the future if similar situations arise.

 

[Bousine123]

challleges are important to business growth. They are basically pointers to the fact that there is something you are not doing right.

 

[Alexandoy]

Challenges will always come in business, you must be always prepare for it so that when it happens, you will not be taken unaware in taken the right decision.

If you have a business plan that is updated from time to time there should be a guide on the challenges. The common challenges like dwindling sales can easily be resolved since they have been resolved before by other businesses.

 

[Setfragil]

If you have a business plan that is updated from time to time there should be a guide on the challenges. The common challenges like dwindling sales can easily be resolved since they have been resolved before by other businesses.

This is what can actually help a lot of businesses if they have a good updated business plan as business world keeps evolving around technology everyday.

 

[Georgeadawara1]

My advice for them is this, you can never really know how something will be until you give it a try, when you are your own boss, you can work at any time you like unlike a 9-5 job which you have to go through throughout the week, it is stressful, although business is stressful as well, but you are the one in charge and you would have control of how you would run things there.

 

[Chizfab]

I will keep saying this, conducting a feasibility study should be the first thing one does before starting up a business, followed by business plan. This is because they predict and detect impending threats to your business, so you could find solutions before starting up the business. In business, you must be prepared at all times, to avoid being taken unawares.

 

[Kane]

There are a lot of challenges in business and if you cannot cope with these challenges, you will fail. When you fail, it is not just the failure of your investment, it is a failure of your idea, dreams and aspirations.