What is the biggest challange for most business

[Blessingedidiong]

The biggest challenge of most businesses is not capital to start up the business but how to promote the business. If a business is not been promoted, there will be no patronage and the business will run at a loss.

 

[eLdavis]

The biggest challenge of most businesses is not capital to start up the business but how to promote the business. If a business is not been promoted, there will be no patronage and the business will run at a loss.

Well said, there are some business that needs little to no capital to actually startup but the issue now is after startup, how do they get the attention of their target audience, how do you even find your target audience.

 

[JoeTom]

There's nothing as frustrating in a business like not setting out for it then you start, once you get stocked at some point. That's the end showing up, so make sure your passion is stated, your capital is intact, and the system manager(s) is ready. That's all.

 

[Afeefah]

The biggest challenge is competitors, think about it, its either your competitors improve the quality of their goods or cut down the price.
By doing so, they attract more customers and leave you with only a few so you have to think of ways to make your own business standout.

 

[Dagm1]

Every company has actually its own very personal difficulties, as well as difficulties are actually to create somebody solid in a specific area. The basic difficulties in very most company is actually absence of brand-brand new development as well as branding. As well as some do not like utilizing high top premium products therefore it frontiers or even proficient personnel due to pay out, therefore this trigger feat in development of such solid.

 

[Skysaint]

I think the biggest challenge in businesses is high competition accompanied with low financial aid to help fight through with the competitors. If you are not very careful in such situations, you could go bankrupt

 

[Abigael]

The biggest challenge for most businesses right now is the high competition in the markets. So the customers may be so few because they are distributed into different shopping centres. One has to work to put up good strategies that help in striving through competition.

 

[Sotherefore]

Some of the challenges of most business is that they do not have the required capital that is necessary for them to kick-start their business ,this always leads to business abandonment or failure when they don't have money to keep the business going.

 

[Kubiat-Abasi]

The biggest challenge for most business presently is; lack of capital, poor location, incurring unnecessary debt and nonchalancy to customers need and complaints.

 

[07Trinity]

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

Stagnancy is the biggest challenge in most business,we measure the progress of a business by the outcome of the business which should always be in a geometric increase.

 

[Senator]

The biggest challenge I would think I befalling most businesses today is the lack of capital to start off the businesses. There is also the issue of lack of strong collateral to secure loans as well for the businesses

 

[Seno inyang]

Developing a business plan and the financial capacity.

 

[Mentor]

• Most challenges in businesses are... Maintaining quality customer relationships, Meeting customer needs. Preserving a good reputation, Retaining employees, Finding an effective brand.

 

[Stnicholaz]

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

Business face alot of challenges ranging from financial management, Customer services, getting a qualified staffs etc.

But to me the major challenge a business owner can face which is bad for is owner dependence I mean many business suffer from it. Whereby the owner or founder being unable to let go some responsibility as the business grow. When he or she is not available the business suffers.

 

[Bright7777]

For most businesses especially in Africa were there are no good and organize systems is raising capital and securing loans from banks and other financial institutions

 

[Expert]

Every company has actually its own very personal difficulties, as well as difficulties are actually to create somebody solid in a specific area. The basic difficulties in very most company is actually absence of brand-brand new development as well as branding. As well as some do not like utilizing high top premium products therefore it frontiers or even proficient personnel due to pay out, therefore this trigger feat in development of such solid.

Quality of the product associates with the brand name. That's why advertising would be the biggest challenge for most businesses. Customers like to see good results when using your products, even if it's an off-brand. It's hard for the advertisement team to say we're the best in the market but customers know it' feels cheap compared to other competitors.

 

[Godspower]

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.

Getting and impressing new clients is always the major challenge. Sometimes you have to go the extra mile in order to create that first impression

 

[Good-Person]

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

I believe that making the right business plan along with a lack of funds is one of the biggest reasons why many people often fail to start business. Some people have enough funds but a lack of proper planning leads to huge losses in business. It is advisable to seek opinion of various people.

 

[Heatman]

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

Personally, I believe that making sales and retaining an existing customers is one of the biggest challenges that faces most new businesses. When you aren't making enough sales, it's going to affect your business.

 

[Adebayonle7]

Developing a plan that will enable progress of the business is not a problem but one of the challenges is following such plans as they have been developed. The business plan is to be followed strictly because it contains marketing techniques/strategies, financial and management plans - if all are not followed then business may not grow.
Another challenge is keeping up with your competitors, to keep up with them, you must provide excellent customer services and quality products as well as better marketing both online and offline.