Major reasons some businesses succeed and others fail.

[TOZZIBLINKZ]

Due to the virality and popularity of going into business establishment and idea implementation and due to the many categories of business that exist in the world today and individual can definitely stand in the position to ask why some businesses seems to prosper and to become successful while other seems to fail ? . There are so many reasons why some businesses prosper while others fail but one of the most major reason is totally depending on the capability and the ability of the managers of the business to facilitate and to control the business in the right direction that totally yields and posits expected and planned business profits and income . That is why it is totally advised that before going into business you must first of all harness and analyse your ability and the capability to establish and also to manage a business . Many individuals are much focused on the actual establishment of a business than to the actual managing and operating of a business which in all ramification is considered to be more difficult but important .

Having poor customer service and the selling and rendering of fake and low quality goods and services is also considered to be one of the main reason why most businesses fail . It only takes a wise and sensible business owner to see the benefits of actually establishing a business that sells or renders good and positive quality and quantity goods and services . Because sure success is assured to a business managed and controlled in this pattern.

 

[Augusta]

Well stated, the thing is that people will never achieve the same level of success at the same time or rate even if they started a business the same time one will always succeed more than the other because this other person might have found out what will work for the business and apply it.

One thing about business is that you need to apply all that it takes and be consistent with it to make it work. Apart from the capital which is very important the next important thing is to have the right knowledge about the business you want to do

Lack of knowledge of a business would make one not to have good customer service for the customers, it will make one take bad decisions that might work against the business and would make one even waste money on the business. So it is all encompassing and one need to work towards progressing with the business.

 

[Mastergp]

In business we some succeed while some fall, some may think it luck, well it not luck it require a true entrepreneur to run a business to it success.
Well having a huge capital might help at first but it may not a guarantee that a business with huge capital won't fall it may take few years or month to collapse only if those managing this business sees it coming, they need to take different areas to sort it out when necessary.
Some time manpower may be weak making it hard to achieve common tasks and when tasks are not complete client and customers may not want to patronize such organization because they are not satisfied, every client want to be treated nicely and at most occasion discrimination may result that is focusing on few client or customer because they are buy in Quantity or large price one look down on the other instead we are encourage to carry all along in order that they would see how business minded we are.
Location of our business should be close to our client not far beyond their reach.

 

[eldavis]

There are so many factors to consider when you talk about business success or failure, most businesses today fail due to lack of proper knowledge and management. Some persons might just say poor management, but the truth of the matter is that someone that is knowledgeable would definitely know how to apply that knowledge for the business to grow. Most people do not have the needed knowledge the business require. Another factor is simply poor customer service. Most business owners and even the staffs, do not know how to relate with their customers, hence they end up driving them away.

 

[CALVINDOL]

It is obviously true that some businesses seems to prosper while others seems to fail and the answer to this question is never something far-fetched , but it is really something that we know and also possibly may have heard every day . The ability for a particular established or implemented business idea to become successful and to grow into a state of reaching greater and higher heights totally determined or totally depends on how the managers and the operators of the business absolutely manages or operates the business at large .

Good and quality customer services is never something that should be exempted in the midst of carrying out business organisational processes and activities because there is absolutely no business customer or client that would want to patronize a business with a bad customer service which in turn makes him or her not to feel wanted or make him or her not to feel welcome . A sense of possibility to be successful you must never indulge in the act of partiality by only giving attention to the high income earning category of your customers and clients .