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Doing business in an unfavorable environment?
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[QUOTE="moonchild, post: 221722, member: 57467"] Well the best thing to do as a business owner in an unfavorable environment is no to even start and if you already started then you should close the business because I see no benefits in operating in that kind of environment. All odds are stacked against you so the best thing to do is to call it quit, this is not failure or a called playing with caution. The internet have really helped in curtailing such types of occurrences, today, you can open a business with zero risk and you will be able to manage it wherever you're around the without any hassles. I have come across a lot of business that refused to close when the market is not moving in their favor and they ended u getting burnt, most of them lose their capital and slipped into depression because they refuse to hid to signs. Sometimes these kind of factors are not in our control, so we can't really do much to prevent but when it happens we are supposed to take action immediately because half baked is still better than known. But the best advise is to join the online train and make hay while the sun rise [/QUOTE]
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Doing business in an unfavorable environment?
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