Activator230822
Verified member
Every entrepreneur starts business with the aim of making profits and that is all what business entails. According to the statistics in my country 70% of businesses collapse under two years of their start. One of the main reasons behind this is the reduction of customers or clients as time elapses on the newly started businesses.
This is because when the business is new on the market, the entrepreneurs tend to employ every quality like being polite, courtesy, caring, attentive, humble, understanding, provision of quality customer services among other good qualities to their customers. However as time elapses the business owners get used to the business and most especially when the business is making good profits business owners begin to develop pride and the quality of services being offered to the customers starts deteriorating day by day with customers fleeing one by one to search for the service satisfaction else where. It's from this point that the business starts to go down and eventually collapsing.
This is because when the business is new on the market, the entrepreneurs tend to employ every quality like being polite, courtesy, caring, attentive, humble, understanding, provision of quality customer services among other good qualities to their customers. However as time elapses the business owners get used to the business and most especially when the business is making good profits business owners begin to develop pride and the quality of services being offered to the customers starts deteriorating day by day with customers fleeing one by one to search for the service satisfaction else where. It's from this point that the business starts to go down and eventually collapsing.