Questions to ask before starting a business – Punch Newspapers

naija questions

Moderator
The statistics are a bit dire: 20 per cent of small businesses do not make it past their first year — and fully half will close their doors before their five-year anniversary. Nonetheless, eager entrepreneurs regularly take the plunge in order to follow their dreams of owning …

money-e1514490075870.jpg

Read more via Punch Newspapers https://ift.tt/2IaOUnv
 
Last edited by a moderator:
Starting a small business can be challenging! The statistics you mentioned do highlight the fact that many businesses do not succeed in the first few years. However, it's important to keep in mind that these statistics do not reflect the potential for success. Many factors can contribute to the failure of a business, including market conditions, competition, and personal circumstances. Entrepreneurs who are well-prepared may have a better chance of success. It's even more advantageous when they have a clear understanding of their market and don't hesitate to seek financial advice from experts, such as those from successionresource.com. These values make them more adaptable to changes in the market and industry.
 
Last edited:
Back
Top