What signs do you use to rule out that your business has really failed?

[Xtynehappy]

The most common signs the business may not work is that when the business doesn't make any profits nor when the business is no longer pay for its operational costs.

 

[Kross]

For me, even when the business is no longer making profits, I don't rule it as a failure. I only rule it out as a failed business when demand drastically is non existent.

 

[King Belieal]

When a business fails to make a profit after running it for up to 7 months consistently with best business practices. I conclude that it has failed at that point and think of counting my losses.

 

[Starmix]

My busiess is new and so thankful it is growing fat. I hope and pray, it will always be that way doing better and great every day.

 

[Fidelia]

Before I rule a business to have failed, it means that I can't pick point anything positive about the business. That means nothing has improved in the business for sometime.

 

[freelancermaria]

Yes, when you are not making any profits, that is a clear sign that your business is bound to fail.

 

[Augusta]

When I'm no longer making sales. this is a good indication that my business will soon fail.

 

[Starmix]

When your capital is out of hand, when the workers can't be paid and no more new displays. But it could be saved if the business owner intends to, if not, business no more.

 

[Augusta]

Yes, when your business is lacking capital to progress then you are sure that you would be retrogressing and failure is imminent.

 

[eLdavis]

I think one of the major signs would be when you have probably done everything you believe needs to be done. The advertising and so on, and there is still no demand for your products.

 

[Stardom22]

When you realise that the business hardly makes profits any longer, be prepared that your business is likely to get into bankruptcy for sure.