Which situations in business really demands a business owner to make tough decisions?

[King Belieal]

There are some aspects of business that the owners don't have to treat with levity. Such situations always demand the business owner to be firm to make very strong decisions.

What are such situations in business that the business owner doesn't have to be complacent with decision making?

 

[Kross]

When you see a need to move a staff on, you have to be firm and proactive to do so because of the business progress.

 

[eLdavis]

I think one of them definitely has to be the area of selecting staffs. The wrong choice we completely affect the performance of the business.

 

[Augusta]

Situation like whether or Take on significant debt to fund expansion, deciding to cut back on expenses that could impact employee morale, or choosing between reinvesting profits back into the business

 

[Trush Jodie]

When you have to change an approach that has been long standing and almost like a company culture, but that culture is no longer useful. You would always have to be tough because there would be lots of resistance.