Reason why small scale businesses fold up fast
Good morning to the world. Its pobdaily challenge again. Hope you all had a nice night rest. You see this days have come to understand the reason why small scale businesses are folding up in no time
We are one of the main reasons why our businesses fold up in no time, take for instance the person that is selling recharge card, though the gain that is on a pack is just very little, but when he or she needs to call urgently ro has no call card on his or her phone, he or she will decide to take out of the card he or she is selling without putting money there in the name of im the one selling it, when the time now comes to buy new card the money he or she earn will not be enough to stock his or her market back. Thats how it as been.
SECONDLY FAMILY AND FRIENDS
Family and friends are one of the ones that fold our businesses up in no time, they will be the one to come to you to beg you seriously to sell goods for them on credits and promised to pay the money in no time. But mind you, you will start begging them for the money but they will refused to pay, while to your family, you wont even be able to know how to ask them for the money. In other news, at the end of the day, you wont have anything in store any longer all in the name of pleasing your people. At the end of the day if you now close down your business or the business, they will be the ones to start talking at first, they will start saying all sort of abusive words to you, they will be making jest of you around the town. They will start saying you are not competent enough to have a business, some will even say you are too arogant and too flamboyant. And what youve been doing is to pleased them, to satisfy them. But its turn around to be wrong.
You as an entrepreneur, you need to be wise, you dont need to do your business based on what people thinks about you, you need to think outaide the box. Mind you, you cant satisfy everybody, no matter what you do you cant satisfy everybody, it is better you satisfy yourself, do your business very well and acquire more profits, if your business turns out to be very well at the end of the day, your family and friends will surely enjoy you but if it turns out to be the other way round, no family or friends will stay with you. So be wise and be business oriented.
Its actually a rainy day overhere, make sure you take your umbrella along with you as you are going out today, make sure you wear your cardigan in order not catch cold. Have blessed day ahead of you.