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What are some external factors that affect business?

Good-Person

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A business could get affected in many different ways. There are many different factors that may have some kind of effect on the business. There are some internal factors and there are some of the external factors, so what are they?
 
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There many external forces or factors which can affect businesses. They can be seen as follows ;

1. Government policies.
2. Taxes.
3. Inflation.
4. Disasters.
5. Theft.
6. Trends.

All these can affect any business from the outside and influence the business in a negative way.
 
In my business of poultry and fish farming, one of the external factors that affect my business is weather condition. This is something that whenever the weather is very harsh, it tends to have a negative impact on my poultry birds and even my fishes as well. I try as much as possible to find a means to regulate the temperature where they are so that it doesn't affect their health.
 
Market condition is the biggest factor that affects business positively or negatively. If there is a recession in the market, it is really difficult to become successful. If the market is booming, becoming successful will be relatively easy. market also determines whether there is a demand for your products or not.
 
Market condition is the biggest factor that affects business positively or negatively. If there is a recession in the market, it is really difficult to become successful. If the market is booming, becoming successful will be relatively easy. market also determines whether there is a demand for your products or not.

The market factor of demand and supply is always going to play its part in how the business is going to work out. This is because whenever it is going in a direction where it will be favorable for a business, such businesses is always going to end up making enough sales and profit.
 
In my business of poultry and fish farming, one of the external factors that affect my business is weather condition. This is something that whenever the weather is very harsh, it tends to have a negative impact on my poultry birds and even my fishes as well. I try as much as possible to find a means to regulate the temperature where they are so that it doesn't affect their health.

When it comes to fishing and poultry business, there are many other things that may also matter a lot. This may also involve diseases as well. There are many people who may refrain from eating chicken during the bird flu season.
 
When it comes to fishing and poultry business, there are many other things that may also matter a lot. This may also involve diseases as well. There are many people who may refrain from eating chicken during the bird flu season.

Diseases are common thing when it comes to running and managing a poultry farm. I believe that it is an internal factor that is usually concerned with the business. This is why there is different batches of vaccines and medicines that are given to them until they are mature for consumption.
 
Diseases are common thing when it comes to running and managing a poultry farm. I believe that it is an internal factor that is usually concerned with the business. This is why there is different batches of vaccines and medicines that are given to them until they are mature for consumption.

I think that there are many factors that could potentially affect the businesses in many different manner. This depends on the kind of business for sure. We must also remember that these are the kind of external factor that can have some kind of effect on business and disease is just one of them.
 
Diseases are common thing when it comes to running and managing a poultry farm. I believe that it is an internal factor that is usually concerned with the business. This is why there is different batches of vaccines and medicines that are given to them until they are mature for consumption.

Any business where the products are alive which you're meant to keep them healthy for months before selling them is too much work and risky. If those live products die, it's a guaranteed loss for the business owner.
 
I think that there are many factors that could potentially affect the businesses in many different manner. This depends on the kind of business for sure. We must also remember that these are the kind of external factor that can have some kind of effect on business and disease is just one of them.

When it comes to running and managing my business of poultry and fish farming, I am always very concerned about both internal and external factors that can affect the business. It is something that is capable of wiping out the entire project in a batch that I am working with which is something that is not going to be good for my business.
 
When it comes to running and managing my business of poultry and fish farming, I am always very concerned about both internal and external factors that can affect the business. It is something that is capable of wiping out the entire project in a batch that I am working with which is something that is not going to be good for my business.

We must remember that there are many external factors that could have a negative effect on the demand of the product. I think that inflation is one such kind of factor. It is an external factor that has been affecting the businesses at every stage as of now.
 
Any business where the products are alive which you're meant to keep them healthy for months before selling them is too much work and risky. If those live products die, it's a guaranteed loss for the business owner.

Yeah, that's very correct. This is the reason why most people are not always forthcoming when it comes to starting a business of poultry and fish farming.

They know the challenges that comes with managing those birds and fishes for months before they are going to be ready to be sold. There is no way you can be able to guarantee that none of them is going to die or even all of them is not going to die.
 

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