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i have similar experience in my business though i strted in 2019,the period has been a learning one,as i have been able to thoroughly study the market very well and understand the dynamics of the market and customers behaviour.My current Business have lasted for up to three years now with consistency and dedication in moving forward with the little I have saved and invested. It's not been easy for quite a while now but I'm happy I'm able to do my best on the business. I hope for more progress as time goes on
I have two different businessoffline , i am into farming and also have a baking business and the business has been functioning for over three years now and still running .I don't currently have any business offline, but I think how the business will last depends on how good you handle it, if you know how to run a business I think the business is going to last for a very long time.
Wow that's interesting, I also have a small farm I'm doing good with it, after that I also have business online, one thing I've noticed is that if you really want to make it big, there's is need to work online.I have two different businessoffline , i am into farming and also have a baking business and the business has been functioning for over three years now and still running .
We all know its never easy to run a business initiative for many years. Some business collapse at the middle of the road and unable to continue the inflow of their respective business. If yours have lasted some time and passed the test of time. Can you help us and tell us how long it has lasted, and what kept it going up till this moment??
Not really , as a business owner you must just be prepared for every circumstance in your business . This is how business was to be managed. Preparing for problem most of the time prevent you from being gotten by a surprise in case there is any challenge you have to face.Many people in here closed their business due to pandemic. They were running business for a long time. It seems that if you do not have cash reserves, you will not be able to become successful.
Not really , as a business owner you must just be prepared for every circumstance in your business . This is how business was to be managed. Preparing for problem most of the time prevent you from being gotten by a surprise in case there is any challenge you have to face.
If a business owner do not have extra cash reserved for emergency purposes then that is wrong and it indicate poor business management.. that is why sometimes you just do not start up a business without carrying out deeper research not only about the business but business generally.The main issue is that many people were never well-prepare for such kind of conditions and situation. This is why they went bankrupt. Most of the business owners in here do not have extra cash reserve to save their business.
If a business owner do not have extra cash reserved for emergency purposes then that is wrong and it indicate poor business management.. that is why sometimes you just do not start up a business without carrying out deeper research not only about the business but business generally.
Yes , that is another factor. Employing so many people sometimes may not be good for a particular business. Apart from that proper management generally is very important for a smooth and successful business tooThis is why I always believe that a business should try to manage things well and try to cut expenses as much as it could. Excessive staffing should be avoided for this exact reason.
I have never seen a private organisation or company where they have excessive staff , but there are many governmental agencies that have excessive and are also over staff .This is why I always believe that a business should try to manage things well and try to cut expenses as much as it could. Excessive staffing should be avoided for this exact reason.
I have never seen a private organisation or company where they have excessive staff , but there are many governmental agencies that have excessive and are also over staff .
For now I don't have any business but for my future and my financial life I want to have a successful business that lasts for many years and become one of the successful businesses.We all know its never easy to run a business initiative for many years. Some business collapse at the middle of the road and unable to continue the inflow of their respective business. If yours have lasted some time and passed the test of time. Can you help us and tell us how long it has lasted, and what kept it going up till this moment??
We all know its never easy to run a business initiative for many years. Some business collapse at the middle of the road and unable to continue the inflow of their respective business. If yours have lasted some time and passed the test of time. Can you help us and tell us how long it has lasted, and what kept it going up till this moment??
That's a good time and not means you are doing well with your business by working hard an being consistence with your work , I also starts my small business four years ago and its actually doing well.We have been in business for over 3yrs plus,and the experience has been mixed,but one of the things that have been keeping us is the persistence and courage we usually get from those who are ahead of us in the sector.
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