what makes a business fail or unsucessful?
2006-09-07 10:52:16 · 10 answers · asked by Mina//♥ 2 in Business & Finance ➔ Other - Business & Finance
1. Don't let one guy eat all the crabcakes at the xmas parties.
2. Make sure everyone has the latest, greatest technology, and that none of them know how to use it.
3. Ensure that your salespeople are selling stuff which your product team can't deliver.
4. Make a genuine effort to be cynical whenever it gets difficult.
2006-09-07 10:58:59 · answer #1 · answered by onemillioninchange 2 · 1⤊ 0⤋
thinking its a good ideal without the research ---- i want to go into business but dont have the balls or the will to work 16hrs a day like i have the last few years--- unless you have cornered the market on something dont do it and then do ALL the research possible B/4 YOU JUMP IN it will require a lot of discrimination regardless of color,you have to learn to eat CROW ( swallow your pride)-- Currently the Chinese are beating us (United States) to death with their labor system so think serously ----- if you can't go in the hospital and graveyards and revive people, give it a second thought---------
2006-09-07 18:05:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Lots of things can get it to this point, but the vast majority of businesses fail b/c they run out of cash.
2006-09-10 16:17:57 · answer #3 · answered by Byron W 3 · 0⤊ 0⤋
You need a good, even unique idea; sufficient finances and a thorough plan including forecasts. Research may also be necessary into the potential market.
2006-09-07 17:57:20 · answer #4 · answered by pol 3 · 0⤊ 0⤋
It could be alot of things.
Poor business practices. Not good book keeping.
Poor attitude; employees can make you or brake you.
The location of your business.
2006-09-07 17:54:48 · answer #5 · answered by purplejoyv 2 · 0⤊ 0⤋
1. Poor preparation
2. Lack of capital
2006-09-07 17:54:03 · answer #6 · answered by Zak 5 · 0⤊ 0⤋
Shady practices, inconsistencies, illegalities. Mistreating employees, cheating on payroll, cheating on taxes, etc...
2006-09-07 17:56:08 · answer #7 · answered by ordinaryfemale 2 · 0⤊ 0⤋
When they don't turn a profit. Or when their operating expenses exceed their ability to make a profit.
2006-09-07 17:54:37 · answer #8 · answered by badkitty1969 7 · 0⤊ 0⤋
well one thing the way u dress big issue
2006-09-07 17:59:27 · answer #9 · answered by mark s 1 · 0⤊ 1⤋
an unsuccessful owner.
2006-09-07 17:54:19 · answer #10 · answered by Lil 2 · 0⤊ 0⤋