What is the biggest challange for most business

[Tinaconcept]

Business cannot exist without its risk this risk are what we call challenges. The biggest challenge of businesses is fund. At all stages or what ever you do , you need fund in order to run the day to day running of the business such as promotion of goods, fund is needed in advertising both new and old good and services

 

[Ezydan]

Fund is one of the biggest challenges in business, not being able to properly fund the business. Also not having good market strategy or creative ideas to package and brand your business in other to stand out, your business might fold in the future

 

[westmania]

The biggest challange for most businesses will be survival at start. Analyst say that 90% of businesses fail within the first five years of establishment. So it is therefore a hurdle every business must strive to cross in other to succees.

very nicely stated that survival at beginning competing with tons of rival companies a business need proper take care else it may fail narurally. This may be biggest challenge. Later it needs more expanding if passed this challenge.

 

[Marissa]

Getting new clients is one of the most difficult things in business. Meeting good people who can run business like you and not dissappoint you. Having to keep to your promises is another thing as well. Running business is very very very very hard.

 

[Ralphjoe]

The biggest challenge for most businesses is the problem of making sales and meeting their sales target, and for the service industry, their biggest problem is getting much patronage for the business. These challenges are the sole reasons why businesses are were started in the first place.

 

[Diamond07]

Biggest challenge for businesses most times is financing. Knowledge about the particular business can also be a challenge- this encompasses the business idea, prospective customers as well as the target market

 

[Onachukwu]

Firstly, you need to prepare a strategy that resonates with your business. Secondly, you have to understand that you can’t do it on your own i.e. you need help. Because you’ll be stumbling upon a lot of unknown territories, black holes and pitfalls that can suck the life out of your company

 

[Muhammad Mubashar Shahzad]

The biggest challenge that businesses face when going online is developing a plan that will progress their businesses. What would you say??

The biggest challenge of business in this is proper planning fo establishment of business and you should have proper guidance and experience in your field instead of this you have some loyal workers and and work power consistency all are important in business development

 

[Mawome]

The challenges their sometimes is fear, fear of Getting along with the business you know for a start it seems you will not make it from the business you may be discouraged some how, thinking that you may not Excell in the business, when you actually take away fear and go in you have nothing to worry about.

 

[redpogi16]

Finance problem is the biggest problem in any kind of business, because we do business just because of getting profit or money and Business start by a capital or money so in my thinking financial challenge is tge biggest challenge.

 

[Oluwasayofunmi]

Answering the question on What is the biggest challange for most business, some of the biggest challenge for most business are, lack of capital for business startup, getting manypeople to patronize one's business

 

[solalal36]

The biggest challenge for most business is getting market, not just any market but a target market. You will need to look for places where people need your products and services and your location have to be in that area. You an imagine how tough that is

 

[Sariana23]

There are many challenges that online businesses face. From getting in and building such a business, to getting the right customers for your products, there are trustworthy people working for you, too. It is a complex world if you don't have any knowledge. For that reason you must be well advised.

 

[shalom]

In my opinion, the biggest challenge any business can face is lack of productivity due to improper feasibility study carried out by the business owner. This will eventually lead to business failure or dissolution.

 

[Nicklas22]

One of the biggest challenges in the in a business is how to get more customers for your business
It's very difficult, you have do many things like marketing, advertising and branding
Getting customers you have to concentrate on your business very well and try to provide the best product and services

 

[Nimra Noor]

The biggest challenge that businesses face when going online is developing a plan that will progress their businesses. What would you say??

When we are starting a business there are many challenges that we have to face like loss in start ,we haven't money ,can't arrange things ,can't encourage employee for good work ,can't make good strategic plans .These are the main things which we usually face in the starting of a business .But once we started then it give us profit.

 

[olayinka]

is that to developing a proper plan most business fine it tough to develop a plan while going o line because they don't know where they should focus on.they are search for engine marketing or social media

 

[Bankole]

There are many challenges for business owner. Business become more challenging without financial funding, for any business to thrive money is required. Another challenge is maintaining a good customer relationship due to the market competition. Business also become more difficult to thrive when there's no ease of doing business, by that I mean a conducive environment where business can progress.

 

[Eodine]

The biggest challenge a company might face is money, how to get it, what to do with it, how to use it to generate more money. That is why it is important to know what to use what money would be used for in an organization.

 

[tyrim88]

One of the challanges that businesses face is the issue of funds to finance a prospective venture with good viability on returns.Another is the lack of competent manpower to run critical sector of the business aand again the issue of managing finance.