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Friday, July 17, 2020

10 Mistakes Kill Your Start up Business.

Avoid these 10 Mistakes and boost your business with high profit.
These mistakes stop your business growth.
1.Low Capital investment.

Raising low capital fund stops your business growth in the long run. If you raise low capital fund you can't use the funds in the right way. Lots of money needed in advertising, hiring good employees. 
So raise more capital fund. Best way to get  more capital fund is taking a loan.
Now banks provide loans for start up.

2.Single Founder.

Present your business ideas to your friends they can help you to giving good advice about the idea, or you can ask help from your friends about your idea such as legal advices, capital fund raising. etc...


3.Bad Location.

Don't set up your business in a bad location. Bad location means if you started a Restaurant, Grocery stores, Textiles showroom you need public attention to get more business.
So choose the right place for your business. 
4.No plannings.

Make good plannings in every day of your business. Choose right target and make  strong plannings. Go through plannings way to the future.
5.No Hard work.

Hard work is the important thing in business. Your hard work shows your results. So put the maximum hard work in your business and attend the goals.
Extreme level of hard work  can get good results in lowest times.
6.Hiring Bad employees.

This thing is very very important. Human resources is the asset to the company. So hire good employees. Hire employees like they are interested in there job or passion in profession.
7.No Team work

Attend works via team with a leader. Team works are strong. In team works get lots of good decisions. So the leader can choose the right decisions.
8.Poor Management.

If your management is very poor to take strong decisions the business will shut down soon. So boost your management with good skills and introduce they to the new ways of business development.
9.Wrong Targeting to Customers.
 
This is also a major mistake. If you have gents store and the advertisements are showing to ladies and vice versa. This happens in social media platforms. Here we loss lots money due to wrong ads showing. So careful about this.
10. Wrong Platforms for Sale. 

Every business have separate platforms.
If your business is a super market store you need good display for products. Attractive display boost your sale.
So setup products in good platform.

Any other major mistakes- Comment below.

Special thanks to pixabay creators. Join for free.

.......... Thank you...........  have a good day



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