Sustaining business growth

[kinqzbitz]

Well I is not easy to actually sustain growth because you have to put a lot of work to it and you must be determined for it to work and you must make sacrifices to so it will wrok

 

[Heatman]

In sustaining business growth there are many factors to consider and apply. Maintaining a business is not an easy task,but with perseverance,there is nothing that cannot be achieved. Good customer relationships,quality and genuine products,good account services(stock taking) are ways of maintaining a business.

As long as you are making sure that your customers are always taken care of it is going to guarantee that they would keep patronizing your business product and services which will always sustain your business.

 

[greenie]

For a business to overcome the usual crash which occurs in between the first 5years, the owner must have a mentality that overcomes any obstacle that comes the way of the business. Also, wise spending or judicious use of the income from the business is important.

 

[Alexandoy]

As long as you are making sure that your customers are always taken care of it is going to guarantee that they would keep patronizing your business product and services which will always sustain your business.

I agree with the care for the customers but I don't think that is enough for the business to go on in its present condition. Take note of the competition and the new products or services that are coming into the market. You have to be innovative to go in stride with the developments in the industry.

 

[Sotherefore]

For a business to overcome the usual crash which occurs in between the first 5years, the owner must have a mentality that overcomes any obstacle that comes the way of the business. Also, wise spending or judicious use of the income from the business is important.

Thanks for this, have we just have to do a lot of proper planning about our business before establishing , there may be a lot of obstacles in our business most especially when we are starting.. but we need to avoid them all... Location can also help prevent business failure.

 

[YERUS]

Statistics reveal that most companies die within five years of establishment and this makes this thread a very important one as we try to examine how one can sustain business in times of drought

I always say that consistency is the best tool to ensure sustenance in business.
It does not just stop at making good plans or setting goals to strike a goal, when things go bad, how well you handle situations and keep the business rolling will determine the survival of that business.

 

[Swazykid4all]

Statistics reveal that most companies die within five years of establishment and this makes this thread a very important one as we try to examine how one can sustain business in times of drought

 

[Godspower]

Thanks for this, have we just have to do a lot of proper planning about our business before establishing , there may be a lot of obstacles in our business most especially when we are starting.. but we need to avoid them all... Location can also help prevent business failure.

Starting a new business from the scratch is never easy. The location plays a very major role just like you said. Other factors like capital and business strategies are also very important.

 

[Sotherefore]

Starting a new business from the scratch is never easy. The location plays a very major role just like you said. Other factors like capital and business strategies are also very important.

Most people when establishing a new business will always like to choose a location that is not competitive the reason is because they cannot withstand all of them at once, I don't know if this is actually the best option.

 

[Swazykid4all]

Starting a small business is not easy, when the business is established it is better to manage the resources you have in order not to have cash flow problems, hire the right staff and make your presence known make sure you don't leave your business in your staff's hand.

 

[Skysaint]

Starting up a business is actually not easy but maintaining the business is a lot more difficult especially if we are talking about small scale businesses.
For example during the pandemic, it is advised that you reduce your business out put or the volume of products that you wish to sell to the public especially if you're dealing on perishable goods. This is to make sure that they don't want up being a waste.

 

[Shigobad20201]

For a business to overcome the usual crash which occurs in between the first 5years, the owner must have a mentality that overcomes any obstacle that comes the way of the business. Also, wise spending or judicious use of the income from the business is important.

Always make sure your customers at being well taken Care of every time they patronise you and always try checking on them and that's one of the best way of sustaining your business, because they will always come for more.

 

[Omotayo]

I think I read somewhere that 1 out of every 4 businesses succeeds. The truth is running a successful business is very hard and not a walkover. There are lots of factors that lead to failure, lack of funds, wrong strategy implementation among other things.

 

[Good-Person]

The best way to sustain business growth is to maintain the high quality of your product or services. Providing extra or free products or services for low rates is also a great way to sustain the growth of your business.

 

[tyrim88]

Business growth is really what everyone needs or wants for there business so after getting the required growth, maintaining it is the next issue which is really the hard part of everything. But if you good it's easy

That is just the true fact,because the issue is not just growth of the business,but the capacity to sustain the growth that is all that matters.And that is where technicalities have to come to play and then managerial skills also.

 

[Sincerem]

You will not be able to sustain a business that is not needed in the location of establishment. To give your business high possibility of success , you must be willing to start up a business that is highly on demand.

 

[Shigobad20201]

The best way to sustain business growth is to maintain the high quality of your product or services. Providing extra or free products or services for low rates is also a great way to sustain the growth of your business.

Making sure your company keeps producing a good and quality product and also keeps advertising and marketing your product is the only way to sustain your business growth.

 

[tyrim88]

There are thing that can make a business to be sustain for a longer period,consistency,having a discipline culture when it comes to the issue of finance,and also having a good customer aqusition strategy.

 

[Syldan]

Actually starting and sustaining a business is not really an easy task. actually most of the business do collapse sometimes but due to some certain reason either poor management or natural disaster.

 

[Sincerem]

There are thing that can make a business to be sustain for a longer period,consistency,having a discipline culture when it comes to the issue of finance,and also having a good customer aqusition strategy.

Business nowadays is very much unpredictable . So many people are not succeeding in the type of business they are very much interested , some reasons for business failure are completely unknown. In all the same we still have to play our part.