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Business strategy
Building a strong business during hard times.
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[QUOTE="Axis, post: 343042, member: 66672"] In most areas of west Africa where hardship abound, a lot of business owners and business managers are finding its incredibly hard to grow and manage a strong business that is able to grow and develop thereby reaching greater and higher heights. The reason is because the cost of living in such area have increased which obviously spike up the cost of production as well as depreciate or diminish the standard of living of persons living in such area. It is absolutely important and necessary that business owners seeking to establish stronger business be prepared as this hardship can totally affect the business negatively. As a result of hardship a lot of businesses have shut down or even gone bankrupt due to lack of resources and lack of financial manpower to power the business growth and development. In conclusion, It is important that business owners and managers make sure to be financially prepared which of course involves seeking for loans or to engage in other foreign investments so as to have enough funds to Foster the a business establishment so that it can be stronger and more developed. [/QUOTE]
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