Making business decisions

[Swazykid4all]

Making business decision is esential to succeed in any business, a business without a structure on how to run it may crash one day.
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Real estate is a business with lots of profit in it. Investing in real estate can make you get the money you wouldn't imagine of having in many years.

 

[Kaffyfolla]

Here are the seven steps in this process:

1. Identify the end goal, and the need for the decision.
2. Gather all the relevant information.
3. Identify various viable alternatives. ...
4. Compare all the evidence of all the alternatives, and list the pros and cons.
5. Choose the decision.
6. Execute the decision

 

[Heatman]

Decision making is key in a business. You must be quick in decision making. Also make sure you make the best decision when trying to be quick. Decision making controls the pressure in a business

It is actually why a lot of people are finding it very difficult to become an entrepreneur because they have serious problem when it comes to making business decision that will make them succeed.

 

[Shigobad20201]

Most of the time , it get difficult when you are trying to make decisions partaining to business and it gets messy most times , thats why you need to be confident in making the right decision.

Here are the seven steps in this process:

1. Identify the end goal, and the need for the decision.
2. Gather all the relevant information.
3. Identify various viable alternatives. ...
4. Compare all the evidence of all the alternatives, and list the pros and cons.
5. Choose the decision.
6. Execute the decision

 

[Sotherefore]

In most cases , it is always necessary for people to do that with people that have better understanding of business because that is the only way you can make a wise business decision especially as a novice.

 

[Shigobad20201]

In most cases , it is always necessary for people to do that with people that have better understanding of business because that is the only way you can make a wise business decision especially as a novice.

Making decisions in business is most of the time risky because you have to choose among many option but you must be smart enough to make the best decision for your business.

 

[Syldan]

The no. 1 part of business plan is knowledge, it's very important to have a very good knowledge about the business you wanted to start followed by budgeting and the location followed.

 

[Setho]

It is very important that you should not put emotions whenever you are making important business decisions. This is because the world does not revolve around you instead you should try to read about the market and only make informed decisions.

 

[Robust]

Making decision in a business is one of the greatest thing a business man or woman should know that decisions are the one that determines the growth or the downfall your business.

 

[Sotherefore]

Making decisions in business is most of the time risky because you have to choose among many option but you must be smart enough to make the best decision for your business.

I will only put two things into consideration , my capital and the amount of money needed to start up a business successfully that is what will help me determine the type of business.

 

[Shigobad20201]

Looking at all the situations from possible angles is very important aspect in making business decisions , and most of all you need to encourage and support your team to acheive success

 

[Syldan]

Actually in making business decisions, it's very important for every entrepreneur to gives room for different opinions from different people that will helped you to be able to decide from the available options offered to him.

 

[Setho]

Whenever you are making business decisions it is always important that you should not do it out of emotions. You should instead do is based on research data and how it can be able to access your business.

 

[Sotherefore]

There is nothing wrong with us receiving advice from people , but at the same time we are to follow up this advise accordingly and not just to act because someone has given us advise. It could be dangerous to follow up people's advice without putting so many things into consideration.

 

[Godspower]

Some business decisions might actually make or mar our business. We should always get inputs from experienced people or professionals before taking crucial decisions that concerns our businesses.

 

[Shigobad20201]

Decision making most of the time is a very hard thing to do because you are always scared of the outcome of your decision might be wrong and thats why you need to listen to different opinion before you conclude.

 

[Godspower]

Decision making most of the time is a very hard thing to do because you are always scared of the outcome of your decision might be wrong and thats why you need to listen to different opinion before you conclude.

As a manager or business owner, you must never be afraid to take decisions. A good businessman takes risks in some of the business decisions he has to make, so it it not really easy.

 

[tyrim88]

Actually it's best not too attach too much emotion and most times people opinion are most times helpful in contributing in our business sucess ,we can not always know be every thing we also need help

That is one of the things that every business owner should have at the back of his mind,because at the end of the day,it is what the customers want that you will give to them,you learn as you progress in the business.

 

[joy101]

Decision making is key in a business. You must be quick in decision making. Also make sure you make the best decision when trying to be quick. Decision making controls the pressure in a business

Decision making in a business is very important when opening a business you need to keep eyes open when it comes making business decision, because business is not what you can just wake to start, you have to make a good planning.

 

[Chibson]

In any business venture, knowing what works for you is very important and necessary. You need to understand that there are certain things that works for others and may not work for you. This is where uniqueness is important in business.