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Business strategy
Common errors that can hinder the expansion of a new business
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[QUOTE="Jasz, post: 290179, member: 61772"] There are many things that can hinder the expansion of a new business. If you want to expand your business, you need to make sure that it is not hindered by any errors that can lead to failure. The following are some common errors that can hinder the expansion of a new business: 1. The first error is not being able to communicate effectively with employees and clients. If your employees do not understand what you want them to do, they will not be able to perform as expected. You also need to be able to communicate with your customers if they have any questions or concerns about your products or services. 2. The second error is failing to keep up with technology changes. If your company does not stay up on current trends in the industry, then it will not be able to compete with other companies who have updated their technology and processes accordingly. 3. The third error is not focusing on quality when hiring employees for your company. When hiring employees for your new business, make sure that they have experience working in similar fields within their profession before hiring them for this job position so that they know how things work internally within your company and how well they will fit into it once hired into this position within the company. [/QUOTE]
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