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Factors that determine business success.
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[QUOTE="Kingsley, post: 211837, member: 30278"] When starting up a business there are somany factors to put into check, you can not just wake up one morning and start a business, if you do so chances are are the business may not do well because the planning stage is missing. The planning stage is where the entrepreneur sits down and do all the strategic plans and to ensure that the business has right among of capital to start of on the right note and to ensure that there are safety nets that are put in place to make sure that the business can withstand unforseen challenges. When we look at starting a business having the capital may not be the only challenge there are other things we may not be looking at carefully before investing in a type of business which are equally important and can determine if the business will fail or succeed . Things like the location where the business will be sighted. Things like the proxy to the target audience. And we may also neglect plans on how we will make our customer relations. This is factors are very essential because the way we handle our customers will determine if they will come again. [/QUOTE]
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