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Business strategy
Is poor management the leading cause for business failure.
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[QUOTE="CALVINDOL, post: 288188, member: 43757"] It is very true that a business without proper and effective management can totally collapse of fall apart, and that is why it is very important for an individual who intend establishing a business to put into proper consideration the managerial aspects of his or her business. Putting in the managerial aspects of a business into proper consideration totally means finding out whether you are capable and able to manage the business once it has been established. In a situation where you intend separated ownership of the business from management, you must make sure to employ the right kind of business manager who is able and capable and also creative to handle all your business assets and formulate other ways to boost business profit especially in times of facing business competitors and business rivals. There are so many things that may cause a business to collapse, for example situating the business in a wrong area can lead to it low productivity, but in all ramification, management plays a very important role in The Business and to some extent failure in managing the business properly can totally make the business to crumble. To prevent this from happening, an individual must have a fair measure of how to manage and operate a business before actually establishing one. This could be done by either going to school of education's where managerial training are being taught or possibly having to work as a novice for another who is an expert so that he or she can trend and build up your mindset about business management. [/QUOTE]
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Is poor management the leading cause for business failure.
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