What do you do when your business closes

[Anna52]

Before any business closes the owner of the business will already work out an alternative. I personally have a fall back plan when entering into any project. It makes me confident in what I am doing. Opportunities will always arise.

 

[Shigobad20201]

When a business closes, new opportunities arise. Of course, sometimes we don't want to end up closing shop, but sometimes there's nothing we can do. But, let this be known, it's not a failure to fail a business. It's part of the learning experience and you are bound to find something new down the line.

Just let it be known, don't worry if you encounter a roadblock like this. Time will prevail and you will get through it.

When one opportunity closes in life, another opportunity comes in , life is full of up and down, there are sometimes when we just need to let something go and face another chapter of life.

 

[Abbeyola]

Yeah, dusting our failures up, and given it a trial should on our wishlist. Their is nothing on earth that moves smoothly without accruing some setbacks. Ability to put the setback behind, and work tremendously makes us successful in the business.

I don't really know much about Amazon, but I believe it should be doing good to some extent, once the operation are okay, then it is good to go.

 

[Segat]

Closure of a business is a big deal and could bring about emotional, mental breakdown and even death if not handled well. The first is that all entrepreneur should have it in mind that venturing into a particular business or upgrading an existing one is a risk because you are not the consumer of your service and or products, this will help to prepare for anything that happen in the course of the business.

 

[Sincerem]

I don't really know much about Amazon, but I believe it should be doing good to some extent, once the operation are okay, then it is good to go.

I've ordered from Amazon before, but i never opted for it to be delivered in my country because the delay will be much. I sent it out as a gift.

 

[nimzy]

when a business fails it doesn't means you are incapable of running the business I had a personal experience from my former business but I try and overcome the feelings and am doing good in my business more than I expected.

 

[Hopey]

When your business is shut down, it shows that there is something you are not doing well. Take a break revisit your plan and modify if you should find any need to

 

[Ziki]

Sometimes you just have to let go of what is already gone. It is always good to know when your business has failed and how to restrategize.

 

[Setfragil]

Before any business closes the owner of the business will already work out an alternative. I personally have a fall back plan when entering into any project. It makes me confident in what I am doing. Opportunities will always arise.

I am totally in support of your point if a business closes down, before it actually come to that level the business owner must have a plan on how to move on to another thing for survival when one business closes other opportunity will surely comes if we look the right way.

 

[Josephjossy]

If a business happen to collapse, before I think about starting the business again, I need to think about why the business collapse in the first place, it most have been something I did wrong, maybe I didn't manage the business very well. So you need to first know what make the business to collapse at first

 

[Hopey]

At the end of the day after business i normally go through my day sales and try to balance my account to know whats the position of the day and how well i performed

 

[Setfragil]

That's life, we can't keep on grumbling on our failed business attempt. If we failed on a particular business, based on the lack of adequate plans, and vision for it. We shouldn't give up, we should continue chasing and learning strategies never to fail again.

Learning how to move on when things doesn't go the way we want is number the one principles of life that we need to always adhere to. Crying over a spilled milk will not bring it back, crying over it will just makes things get worse. If your business closes, it doesn't mean your life will close too.

 

[Chibson]

One thing I believe in life is that when one opportunity closes another opportunity will spring up. I always advise people to move on from their past no matter the circumstances. When you have tried everything and your business fails then you should go and gather more knowledge and relaunch.

 

[Sincerem]

Learning how to move on when things doesn't go the way we want is number the one principles of life that we need to always adhere to. Crying over a spilled milk will not bring it back, crying over it will just makes things get worse. If your business closes, it doesn't mean your life will close too.

Yeah, your last part of message is inspiration. If our business closes down, it doesn't mean life is over. One that is determined to succeed, can be a proven business owner in the future.

 

[Ayokex]

This depends on your mindset in the first place. If you're a true entrepreneur, you easily understand that it is possible for a business to fail so this will not discourage you from starting again and in a better way.

 

[Chibson]

Whatever that happens in our lives should serve as a lesson for us to learn and also be able to grow. When your business closes all you need to do is to go back to the drawing board and know where you made mistakes and of course study business ethics in order to be able to manage another business well.

 

[Ehizzy1]

When my business closes i will think of ways to improve my self and read more and know my flaws to know if i have to start my business and know my flaws

 

[Sincerem]

This depends on your mindset in the first place. If you're a true entrepreneur, you easily understand that it is possible for a business to fail so this will not discourage you from starting again and in a better way.

You're correct. Failure at some point in a business initiative shouldn't discourage one picking it up where he or she stopped. We should analyse where we didn't get it right and come up with better ideas to succeed in our next trial.

 

[Sotherefore]

There is nothing for you to do actually than for you to move on because whenever there is a failure in one part of business then that means that might not have been the right business for you and you need to move on and you will see something that will be suitable for you, moving on is always the best option even we is not going to be easy

 

[Setho]

Actually, I have put measures in place to ensure that I do not go completely go red in a business or an investment. But even If it does, I am going to take some time off and clear my mind first before seeking about what really happened.