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What are the most difficult decisions that a business person is faced with to take?

Fidelia

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Business people always have decisions to make. It can be production decisions. It can be management decisions. And sometimes, they have to make very tough decisions.

What are the toughest decisions that business people always dread to make?
 
The most tough decision for a business owner can be to reinvest the profit and not use it to solve needs and wants.
 
For me, the most dreadiest decision a business can make is the one that requires the entrepreneur to decide how to do away with the business especially when the businesses no longer make some profits
Oh my god, that's a real headline.

Closing a business you dug with sweat is like pouring water into your pocket.

Every day you ask yourself should I quit or continue.

But the truth is, a business is not a permanent marriage.

When it makes you lose money, you have to leave it.

A wise businessman knows the day to harvest and the day to cut down trees.

It's not shameful to admit failure, it's wise to save what's left.
 
For me, the most dreadiest decision a business can make is the one that requires the entrepreneur to decide how to do away with the business especially when the businesses no longer make some profits
It gets worse when it is a business that you are passionate about. It is very hard to take that decision to let go of the business.
 
One of the most difficult decisions a business owner has to face is the issue of hiring a new staff, or having to let go of an old one.
That decision is also very tough. When it is made wrongly, it can cause a business to go down permanently.
 
Changing of a production method that has proven to be working for years is really a big decision for any business.
 
One of the most difficult decisions a business owner has to face is the issue of hiring a new staff,
Adding a new person to your team is a tough test because you have to find someone who fits your pace without disrupting the existing system. Get it wrong and you are adding to the burden of costs and unplanned chaos in the street. You need to find a player with great potential who will give you great results and help your business grow at the speed you want every day.
 
Adding a new person to your team is a tough test because you have to find someone who fits your pace without disrupting the existing system. Get it wrong and you are adding to the burden of costs and unplanned chaos in the street. You need to find a player with great potential who will give you great results and help your business grow at the speed you want every day.
A business doesn't know the intent of a job candidate applying to work for them. It is a indeed a tough decision to hire a stranger to your already functional team.
 
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