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Is there any business that is problem free.
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[QUOTE="Jasz, post: 261211, member: 61772"] There is no business that is problem free. It is impossible to run a business without any problems. Many businesses have problems, but they are still profitable and successful. There are many factors that govern the success of a business. These factors can be divided into two categories: internal and external factors. Internal factors are those which affect the employees, customers and other stakeholders of the business. External factors include economic conditions and government regulations. Internal Factors Employee Turnover Rate - Employee turnover rate is an important internal factor that affects the performance of the company. If employees leave the company because of low morale or bad work environment, it will affect their productivity and ultimately lead to lower sales. Productivity - Productivity is another internal factor that affects sales volume for a company. If employees are not productive enough then they will not be able to complete their tasks in time and hence this will affect sales volume as well as profitability of a company. Customer Satisfaction - Customer satisfaction plays an important role in determining how much profit a company makes from its products or services on daily basis. If customers are satisfied with their products or services then they will continue purchasing them instead of switching over to other brands which offer similar products at lower prices. [/QUOTE]
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Is there any business that is problem free.
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