Inadequate management one cause for business failure

[Starmix]

Inadequate management is considered one factor for business failure. A business owner does not only manage finances, he does manage too his workers, his office staff, security guards, product suppliers, customers, services and personal life.

If there's something he would miss to manage especially the product and customer services his business may dive to low sales. It will be better for the business owner to delegate some important roles to skilled and quality staff to make his business boom.

 

[eLdavis]

There are so many businesses out there today with high potential that has failed due to poor management. No matter how good your business plan is, once there is poor management, it would be extremely hard to succeed.

 

[Starmix]

There are so many businesses out there today with high potential that has failed due to poor management. No matter how good your business plan is, once there is poor management, it would be extremely hard to succeed.

I agree on that, mismanagement is the real culprit for a business downfall. The owner must not relax all the time. He must function his commonsense and sensitivity well.

 

[magnus2022]

I think a business owner mustccheck how much he is generating that will prompt him to employ professional staffs. Every business need funds to empower and make positive changes in the business. A business owner who don't make this calculation is likely to fail

 

[Starmix]

Mismanagement is one root cause of business failure the business. The owner does not monitor the flow of his business sales high or low so action will be taken if the sales are getting smaller.

 

[King Belieal]

After a business has been set up, the next major work is how to manage that business. If a business is not managed properly, all efforts put in to set up the business would go to waste as the business would eventually go down.

 

[Augusta]

Sure, you must manage every aspect of a business well. with Inadequate management there will be business failure. A business owner does not only manage one aspect of the business but all areas.

 

[Starmix]

A busiess that is mismanaged will surely dive to the ground. But if it could be remedied. The business owner must take action by changing his attitude. He must love and protect his business.

 

[freelancermaria]

You are right. It is always better to ask someone who knows how to do something to help us. We can't do everything on our own, and that is okay. If there is something we do not know how to do, it is best to find someone who can help us and do a good job.

 

[Starmix]

There is no hard and set aside pride if there is something hard to understand in business to avoid losses and disparity of feelings one it happens.

 

[Augusta]

Time is money in business as such one needs to manage it well to make good business

 

[Starmix]

As a busiess owner, it is not easy to waste money. In my case, I never want to touch a single cent to buy something not needed. I a scared to do it.

 

[Augusta]

Yes, there's no two ways about this. you need to take control of your business time to run the business profitably

 

[Starmix]

Inadequate management means ignorance in manning a business. The business owner lacks culture of understanding his management. He must observe and apply.

 

[Fidelia]

There is no doubt about the fact that beyond starting a business, it is management of the business that would determine if the business would progress.

 

[Starmix]

Time management makes life smooth, business smooth of there's none, then there will be lapses to happen in business.