Why most online business fail?

[Shigobad20201]

The inability of investor getting to make a proper research concerning the business you are trying start which might actually lead you to doing the wrong business.

 

[joy101]

It's because people think they pluck money on the internet. A lot of people are not ready to grow their online business before they start making money out of it,hence they frustrated out

Why some business falls sometimes because of wrong planning, that is why it's good to plan a business very well before going into it, is good before going into business you have to save alot of money.

 

[Sincerem]

I understand your point. But I'm not really sure there is a business that can succeed without some form of advertising. It is unheard of even in the rural areas or villages. Maybe you can also afford to relax when you know there's no competition.

Okay , putting the rural areas as a point of consideration , what sort of advertisement do you think is likely to happen in that location in which some of them do not even have a good means of advertising.

 

[Shigobad20201]

Planning is all that really matters in a business survival , If you don't plan your business well , then you are bound to fail already , and borrowing money do your business also have a negative impact and can cause failed business.

Why some business falls sometimes because of wrong planning, that is why it's good to plan a business very well before going into it, is good before going into business you have to save alot of money.

 

[Smiles20]

A lot of online businesses usually fail because they just try to copy what others are doing instead of trying to think for themselves and then create a unique product that will bring customers.

 

[Shigobad20201]

A lot of online businesses usually fail because they just try to copy what others are doing instead of trying to think for themselves and then create a unique product that will bring customers.

Copying what others do most of the time leads to failure because you don't knwo anything about how they plan their business and which form the business is taking , thats why you need to make plans of your own.

 

[tyrim88]

The basic success requirement for an online business is to have a definitive plan that pilots the direction of your business. Many people jump into any trending online business and invest money without drafting a precise plan on how the management of the business should operate. The online business is just like any other business, it operates basically the same way as a physical business and must be treated with the same approach.

That is just it,most persons usually thing that since it is online,you have actually move from the conventional way of doing business,but it is still the same way,you have to get a good and workable strategy inorder to succeed.

 

[Shigobad20201]

That is just it,most persons usually thing that since it is online,you have actually move from the conventional way of doing business,but it is still the same way,you have to get a good and workable strategy inorder to succeed.

Everything we do in this life need planning do it to succeed , so when you are starting a business either online or offline , you need a good business plan that will help you run the business .

 

[Treborika]

For me I would say that Many online businesses fail at their tender stage because of the high cost for online businesses operations. Some of these include; website hosting expenses, advertising expenses, setting up of website's costs among other costs that are very expensive and the results is not guaranteed in most cases.

 

[tyrim88]

Everything we do in this life need planning do it to succeed , so when you are starting a business either online or offline , you need a good business plan that will help you run the business .

Yes planning is very vital and instrumental to the growth of any business,you need to outline the operation guidline and the structure for the business to follow through,it is very necessary.

 

[ghxstvecna]

If your online business website is not ranking high up in the search results when customers type some search words on Google, you will not get the customers. Your business website must come up at the top search results for different keywords.

 

[joy101]

The primary failure comes from poor management, lack of knowledge, and lack of publicity. Perhaps there are more important factors, but I think these are the basics.

Yes of course, lack knowledge can bring failure in a business that is why is really good before going into business you need to make proper planning, before starting the online business.

 

[Lynaia]

It's very hard to think about a business that nobody has done before and start the business, if you can do that, I'm sure your business will never fail because the main reason for business failure is competition. The business you want to start today has already been done by thousands of people which leads to harsh competition. Only the strong can pass the test against harsh competition.

 

[ghxstvecna]

There are three main reasons why an online business fail: The business model is wrong The analysis of the market is wrong The mindset is wrong 29% of all businesses fail because of cash flow problems, which is the second most common reason why online businesses fail according to CB Insights.

 

[Immilash1]

I think if you are not good at planning your business you'll definitely suffer, having a good plans is very important especially if you are starting up the business for the very first time.

 

[Genie011]

I believe that lack of persistence is what hinders alot of online businesses from flourishing.
The truth is, you might not feel the same zeal all the time but if you persist the results would show forth.

 

[Immilash1]

I believe that lack of persistence is what hinders alot of online businesses from flourishing.
The truth is, you might not feel the same zeal all the time but if you persist the results would show forth.

You are right, if you lack persistence you'll not get the good results, and also I you are not hard working your business might ended up crashing down.

 

[Floura]

I think if you are not good at planning your business you'll definitely suffer, having a good plans is very important especially if you are starting up the business for the very first time.

That's right, if you are not good at planning you'll not get the good results, planning is very important, if you plan everything you do you'll definitely earn a good amount of money.

 

[Genie011]

That's right, if you are not good at planning you'll not get the good results, planning is very important, if you plan everything you do you'll definitely earn a good amount of money.

I significantly agree with you, lack of proper planning would definitely contribute to the failure of a business.

In addition to that , lack of persistence too.

 

[Immilash1]

That's right, if you are not good at planning you'll not get the good results, planning is very important, if you plan everything you do you'll definitely earn a good amount of money.

You have said it right, for your to get the good results you have a work hard and get it, we don't only get good results just like that we work hard in other to get it.