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Business strategy
Number 1 reason why new businesses fail
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[QUOTE="Sotherefore, post: 205066, member: 27033"] I understand perfectly what you are trying to say , but it is not all business that must be exposed to the internet world , although it may be necessary in the modern society but a business failure because of lack of internet connection should not be a point of consideration because most business are not likely to experience failure just because they have not been exposed into the Online system in terms of advertisement . Advertisement can also be done offline using radio or other broadcasting company such as television.. A situation in which a business owner or a group of business managers decided to neglect the advertising aspect of a business then the business won't be exposed to thousands of people and as a result of this it is likely to experience a failure.. A bad location on the other hand can be the main causes of most business failure since some people who are establishing a business have not done a proper research to understand the type of business that is suitable on the location they are establishing , this sometimes may leads to low patronage, it might even lead to high cost of transportation of products from the production location to a place which day demands will be high [/QUOTE]
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Number 1 reason why new businesses fail
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