TOZZIBLINKZ
VIP Contributor
Majority of business owners and business Enterprise managers , will testify to the fact that running a business is not a day job and has never been easy . Running and controlling a business has to do with having the right mindset towards the business in order to keep it in the right foundation and not letting it deviate in one way or the other . there are some fears that business owners wish not to experience but no matter how hard I try some of them still face them . Some of these fears are :
FEAR OF GOING BANKRUPT : not a lot of business owners know how to manage their business when it comes to financial issues and so they are faced with the fear of going bankrupt anytime soon . Business owners and managers must understand that their business income and profit must be separated from any other income or bonuses the end as a result of Goodwill or reputation . This is advisable so as not to mix business income with other profits .
FEAR OF LOSING PATRONIZES : not many business owners have been able to accumulate high amount of loyal customers , and so they are faced with the fear of losing the few customers they have cling to themselves . Business owners must understand that many customers are attracted to a business as a result of the services or goods in which they sell offer . Observably , the quality of goods and services and customer service a business organisation showcase usually determined its potentials to reach higher heights .
FEAR OF GOING BANKRUPT : not a lot of business owners know how to manage their business when it comes to financial issues and so they are faced with the fear of going bankrupt anytime soon . Business owners and managers must understand that their business income and profit must be separated from any other income or bonuses the end as a result of Goodwill or reputation . This is advisable so as not to mix business income with other profits .
FEAR OF LOSING PATRONIZES : not many business owners have been able to accumulate high amount of loyal customers , and so they are faced with the fear of losing the few customers they have cling to themselves . Business owners must understand that many customers are attracted to a business as a result of the services or goods in which they sell offer . Observably , the quality of goods and services and customer service a business organisation showcase usually determined its potentials to reach higher heights .