How to anticipate a business problem before they occur?

[King Belieal]

One of the things that businesses want to do is to be able to anticipate a problem in business before they occur. What are the ways that a business can effectively anticipate a problem that might affect it before it occurs?

 

[eLdavis]

Though i don't think it is possible to completely anticipate every single problem but you might be able to create backup plans for most situations that might arise by conducting research and constantly communicating with those around.

 

[Springtime]

Always keep updated on the market situation and the general economy. This will affect the performance of a business. Have a backup plan in case something happens.

 

[Kera]

When you understand your business entirely and you keep studying the patterns in the business, you would identify business problems easily.