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Funding a business
How do you refund a business that has gone through setback?
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[QUOTE="blessingc, post: 236967, member: 73446"] Having a setback in business is normal, it happens, different businesses face different challenges, but how to bring such businesses back in line sometimes become a problem. Before starting a business it is very important to write a business plan and follow it. Make a plan if what you want to achieve from your business in years to come and work towards that. When your business face setback try to identify what went wrong, and see what you can do to correct such a situation, make it improve better and make the business start running again. Make sure to check your working team, that is your staffs, they are the hands behind your business succeeding or falling. The kind of staffs you employ to work for you is important. If you have a good work force it is a goal then because you can't do the work alone. Also consider having a new marketing strategy. Your business would not have failed if the first one had worked. If you were losing customers, attempt contacting those customers to Know why they stoped patronizing you and what their ideas are, what they really want, it helps. Take more business risk that can better your business and make it stand firm. [/QUOTE]
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How do you refund a business that has gone through setback?
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