Mika
VIP Contributor
If you want to run a successful business you will have to avoid these common pitfalls.
Avoid selling products with high competition: If you see someone making profits selling a certain products, do not jump into the band wagon. If you try to sell a product that is being sold by many businesses, you might not be able to make profits.
Avoid selling low demand products: Also do not sell products that are not in much demand.
Avoid high running costs: if you are spending a lot of money to maintain your business, you might not be able to make profits.
These practices help minimize losses and create a more sustainable and profitable business.
Avoid selling products with high competition: If you see someone making profits selling a certain products, do not jump into the band wagon. If you try to sell a product that is being sold by many businesses, you might not be able to make profits.
Avoid selling low demand products: Also do not sell products that are not in much demand.
Avoid high running costs: if you are spending a lot of money to maintain your business, you might not be able to make profits.
These practices help minimize losses and create a more sustainable and profitable business.
