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Succeeding in business as a single business operator.
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[QUOTE="Lens1000, post: 253715, member: 37726"] A successful business is solely dependent on the business owner and the ability of manage the business and to analyse critically the business. I would strongly advise the business owner to look at the risk that is involved in the business rather than looking at the profitability of the business. This is the cause of business failure nowadays because you only be interested and excited by the profits the business would give and not taking into consideration the risk involved. There are so many business that is of high-risk and it is not worth taking at all for a small business owner but because you do not analyse the risk properly, you would just venture into it because it is a lucrative venture and at the end, the business will crash. This is why it is very important for you to look at a business profitability first before you venture into it and make sure that you do not take a risk that is too high for you as a small business owner. What I do primarily, in my offline businesses is to pay more attention to the risks other than the profit. I would advise all young business owners to follow this path if you want to really make headway in your line of business. [/QUOTE]
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