When things are not going as expected

[Sotherefore]

Most entrepreneur faces a lot of challenge when establishing a business, some of these challenges makes it quite difficult to decide what to do.. a lot of business owners could face the challenges of things not going as expected, it could be because they are not making required profit, some could be because they are not getting enough sells to generate profit for continuous running of a business organization.

When these challenge set in it might actually be difficult to progress in your your business as the business owners , sometimes it's could even Leads to business failure.. now what are the things we should do at the early stage to prevent business failure when our business is not generating the needs revenue to meets it demands. Should we quit the business ? or what should we do

 

[Shigobad20201]

There are most of the time in the business world where we will keep seeing and facing the challenges we are not expecting , so the best thing is to relax and look for a better way of solving the problem.

 

[Lucy ID]

There is no success without challenges or issues same as business there will always be and one don't have to give up because of that. When challenges comes up you don't have run it from it just be calm and think of ways to solve it

 

[Nicklas22]

First of all, you don't go into a business you don't have passion for, I think before starting up a business you should have gotten some knowledge about such business, when you're experiencing a downhill in your business than you should just go back to your drawing board and work on your business plan

 

[Lens]

The business journey of an entrepreneur would be filled with ups and downs. There would be rosy era and era of challenges. The earlier an entrepreneur know this, the better.

 

[Ononivami1]

You don't expect everything to be rossy. There will be ups and downs in business. The ability to manage it is what will make you a very successful entrepreneur.

 

[tyrim88]

Most entrepreneur faces a lot of challenge when establishing a business, some of these challenges makes it quite difficult to decide what to do.. a lot of business owners could face the challenges of things not going as expected, it could be because they are not making required profit, some could be because they are not getting enough sells to generate profit for continuous running of a business organization.

When these challenge set in it might actually be difficult to progress in your your business as the business owners , sometimes it's could even Leads to business failure.. now what are the things we should do at the early stage to prevent business failure when our business is not generating the needs revenue to meets it demands. Should we quit the business ? or what should we do

There are times the business owner will be experiencing some lows in the business,and that is very understandable,what such an individual needs at that point in time is yo get someone who has been in the field and must have gone through similar situations to talk to,and get some advice.

 

[Sotherefore]

There are times the business owner will be experiencing some lows in the business,and that is very understandable,what such an individual needs at that point in time is yo get someone who has been in the field and must have gone through similar situations to talk to,and get some advice.

But what if a situation that the business owner do not really have people to discuss with, won't there be any other option that can help them overcome the challenges they are going through ?

 

[Setho]

There are different kinds of experiences that you are going to face through in business and you should be able to know how to categorise those challenges. If the challenges that you are experiencing has to do with the initial plans that you have made and you cannot be able to go back to them then it is time to believe that the business is failing. If there are things that you can be able to change then by all means change them.

 

[tyrim88]

But what if a situation that the business owner do not really have people to discuss with, won't there be any other option that can help them overcome the challenges they are going through ?

I believe that in any sector or career path,no sector exist in issolation,one cannot be the only one in his field,what can be a huddle might be the issue of close proximity to a mentor or an adviser.But one can also learn from a distance.

 

[Sotherefore]

I believe that in any sector or career path,no sector exist in issolation,one cannot be the only one in his field,what can be a huddle might be the issue of close proximity to a mentor or an adviser.But one can also learn from a distance.

Business is really complicated , that is why it is advisable that we get people with better understanding of business into our life. Most especially when we are interested to start a business. This is just the way you can prevent business misunderstanding.

 

[tyrim88]

Business is really complicated , that is why it is advisable that we get people with better understanding of business into our life. Most especially when we are interested to start a business. This is just the way you can prevent business misunderstanding.

That sis true,because when it comes to business it is not all partnership that one should just rush into,just for the sake of going into partnership.You must ensure that you share similar values and similarities in thinking.Because it could be very difficult to break a partnership once it is consumated.

 

[Sotherefore]

That sis true,because when it comes to business it is not all partnership that one should just rush into,just for the sake of going into partnership.You must ensure that you share similar values and similarities in thinking.Because it could be very difficult to break a partnership once it is consumated.

When you have people to guide you in your business organisation , that does not necessarily mean that you are partnering with the person. You are just choosing the person as your business adviser, the person do not really have an important position in your business accept the advice aspect

 

[tyrim88]

When you have people to guide you in your business organisation , that does not necessarily mean that you are partnering with the person. You are just choosing the person as your business adviser, the person do not really have an important position in your business accept the advice aspect

Ok i thaught you meant the aspect of parnering in a business,that s very much ok to have someone to at hand so that quality advice can be gotten when such are needed in the operation of the business.

 

[Sotherefore]

Ok i thaught you meant the aspect of parnering in a business,that s very much ok to have someone to at hand so that quality advice can be gotten when such are needed in the operation of the business.

But what if you are a graduate , can't you start up a business based on your area of specialisation and have everything done on your own without having to partner with anyone ? Academic qualifications may also be a guarantee that you are capable of doing your business yourself

 

[Sincerem]

It is quite evident that every venture comes with their own misdemeanors but as a good entrepreneur preparing ahead of time would give you an edge over such circumstances without affecting the overall state of your business .

 

[Sotherefore]

Success comes with a lot of stress and challenges most of the time for the small business that are just growing , so in order to be able to tell a succesful story , you must be ready and strong to face challenges

Most smaller business do not usually comes with so much challenge , I believe challenges in business is usually more observed when the business is a large company or an organisation, that is when the business will definitely be stressful.

 

[joy101]

Starting of a business for the first time is not that really easy, because them are some challenges when going into business there is more stressful in a business.

 

[tyrim88]

But what if you are a graduate , can't you start up a business based on your area of specialisation and have everything done on your own without having to partner with anyone ? Academic qualifications may also be a guarantee that you are capable of doing your business yourself

When you are talking about esterblishing a business,there are lots of things involve,it goes beyound just the theory of academic work in the classroom,the nature and persons in the business world is dynamic,and the reality on ground is not what you can get in the classroom,you can get the overview about business,but experience and reality is gotten on the field.

 

[Sotherefore]

When you are talking about esterblishing a business,there are lots of things involve,it goes beyound just the theory of academic work in the classroom,the nature and persons in the business world is dynamic,and the reality on ground is not what you can get in the classroom,you can get the overview about business,but experience and reality is gotten on the field.

Meaning that even if you are academically qualified that you will still need people with more experience To guide you on how to start up a business even if you believes you can do it.