What is missing in your business, that makes it not to move forward?

[Adventurer]

Have your plans failed you? or the capital start up you injected in your business not up to the demand? Do you think your business location is a barrier? Or you are missing something different from what i stated? Please share what you ought to add or improve in your business to grow.

My business is doing just fine now, but I remember when we launched our fast food restaurant, the location was a serious issue, it want a busy place so we weren't making sales we also had serious competition at the next street. We closed up barely after a year

 

[Sincerem]

My business is doing just fine now, but I remember when we launched our fast food restaurant, the location was a serious issue, it want a bust place so we weren't making sales we also had serious competition at the next street. We closed up barely after a year

That's a pity that your business didn't stand the test of time. That shows, unfavorable locations can be a deterrent factor determining a business welfare. If one establish a business in a location that is not favourable to bring in the necessary end profit, that business can stay and past the test of time. One need to find a favourable location that is best suited for business and run his or her business to go extra levels.

 

[Aramide]

Lack of capital is one of the thing missing in my business right now, customer demand is more than the products and it's all about capital when there is more capital you satisfy your customers with their demand without delay and also products prices are increasing and customers are complaining

 

[kayode10]

Capital is the number one factor that is hindering my business from progressing. There are some special equipment I needed for my business and they are going to cost me a huge sum of money. The little revenue which generates with the business is not enough to acquire all these things. I have been running around to the financial institution so that I can secure loans but those things they requested for are out of my reaches.

 

[Shayo]

My business is moving steady and fine but there are still some equipments and improvements that needs to be done for the business to grow a d expand more quickly. I've set my goals and targets and I'm working towards meeting them.

 

[Alexandoy]

When I had my first business the obstacle that I remember are my siblings who has an interest on my business place. I constructed a small structure in front of our parents' house that served as my clothing store. The cost was not small but in the long run I can recoup that investment if my business would prosper. But my business did not last long because of problems with a sibling. I am sorry that I cannot tell the details because it is very personal.

 

[Kinglegend01]

I currently dont own a business of my own so i cant actually give a proper answer to these question. But I think the major problem why alot of businesses are not moving forward like they ought to is because they are lacking in funds and they need more capital or the owner does not know much about the business.

 

[Kehinde]

Poor cash flow management. You may be sick of being told “cash is king”, but it doesn't change the fact that poor cash flow management can lead to the demise of any business.
Losing control of the finances.
Bad planning and a lack of strategy.
Weak leadership.
Overdependence on a few big customers.

 

[Dubai]

Honestly, when I ran a business as a student on campus many things failed me. The capital was shrinking, it became so short that I had to borrow. I also had problem with having time to manage my business myself. Many times, I would ask people to stay in store for me. I had little time to focus. In addition, many of my friends came to use my services without paying fully. This too didn't let the business grow to potential.

 

[Sotherefore]

I do not have a business yet although I'm planning to get one and I think that if I get a business what will be lacking from my managing part is that I am not a good marketer and that is the reason I need to employ someone that is a good marketer to come and help me in that field.

 

[Psalmseen]

Capital is the major thing missing in my business. The start capital is there but the additional capital during the process is a barrier. And due to the lack of the additional capital, where money needed to be diverted to won't be happening and this may cause the return on investment to be low

 

[Ridorz]

According to my own point of view, to start a business you need to have a business plan. But what is missing in my business is good capital, I don't have enough money to invest in my business, I was unable to make good advert and I was unable to employ much worker because I am out of cash

That is the most things that usually missed in a many people Business, which is capital. Many people as me lack of business financial, if there is enough capital, you will able to do a necessary things like advertising, buying of equipment needed, employ of workers and many things that will enhance your business.

 

[Ebuka Stephen]

Well as for me I don't have any major challenges in my business except its just stressful and also time management, well I run a business that's always on service , so it is kinda stressful cause I don't have time to do other things, so that's my problem.

 

[Folaham]

Have your plans failed you? or the capital start up you injected in your business not up to the demand? Do you think your business location is a barrier? Or you are missing something different from what i stated? Please share what you ought to add or improve in your business to grow.

What is missing presently is the will power to step our of my comfort zone and try to convince new customers to improve on the recorded progress that I have made so far. Though limited time as I have to combined a paid job with my own business on the side line and if I can dedicate a little more time to it, I am hopeful of an improvement in my sales

 

[Anymore]

One of the key factors that affect business growth, especially when it has little targeted customers is the capital, my capital is low and it affects the productivity of my business, hence, there is a rapid reduction in profit, which is proudly affected by low demand

 

[idhans]

Have your plans failed you? or the capital start up you injected in your business not up to the demand? Do you think your business location is a barrier? Or you are missing something different from what i stated? Please share what you ought to add or improve in your business to grow.

It is always very important to check the location and analyse the traffic around that vicinity before you start up a business in that very location. For instance if you start up a restaurant business on a highway where people are not stopping by, you might not have more sales in such a location.

 

[Setfragil]

There are some things that are affecting my business not to move forward. I want to change the location of my business to a more crowded area. The space I am occupying is small it can no longer showcase my business to my satisfaction. There is also persistent electricity issue in my current location which makes me to spend more on fueling my generator.

 

[Aniwhyte]

I'm yet to start my own business, and the only thing limiting me from doing so is capital, if I could lay my hands on some certain amount of capital then my business would have already been kicking and running, some of my friends have advised me to take a loan to start up my business but this is one thing I had vowed never to do.

 

[Nicklas22]

What's missing in my business is a very good advertisement, I believe that's why my business is not moving forward pretty fast,
But I believe with time I will get the money to pay for advert, so that many people will know about what I do.

 

[Khezo]

Money to start the business is like my major problem right now. I do think when I can get the money I would make it a lot in my chosen business but that would come to pass very soon I hope. Fingers crossed and all