Why do some small businesses succeed while so many fail?

There's no easy answer to this, of course. However, I think almost all businesses have the potential to succeed. Unless you're trying to sell ice cream at the North Pole, there's a way to make your business work.

You just need to figure out what you need to do Growing a business is a constant process of experimenting to see what works, throwing out what doesn't work, and doing a lot more of what does work, over and over again. If you stay at this process long enough you will succeed. If you're not able to keep at it long enough you fail I believe that it is very difficult to create a unique business which means that there will always be competition.As a result (what I saw from my own experience) small business fails if it is not persuasive in answering the question "why us?

" Why clients should buy from YOU? Why the best employees should come to YOU? Etc It seems like a lot of it has to do with great marketing and networking.

Great marketing will help you to sell ANYTHING, networking will help you to build the circle of people who trust you and who will eventually become "ambassadors" promoting your business (word-of-mouth) In terms of Marketing "secrets" any marketing text book will help with that at least to some extand. As for networking, I added a link to this answer which might help (for those who are located in USA) All business owners need to set goals.90% of all business owners who set goals were successful.90% of business owners who did not set goals were unsuccessful ring great employees and treating them well will lead to happier employees and better customer service. Many businesses have average customer service at best and will not go out of their way to "WOW" a customer Give the customers more value than the competition.

This does not mean the lowest price, but can include a quality product at a fair price with great service Answer Added by Corrisa Businesses Fail for a variety of reasons, some of which are: Lack of an infrastructure to support the business i. E Lack of capital Lack of planning Lack of marketing know-how Lack of research into their market Lack of a business-mindset Clearly all of those above can be overcome. Unfortunately, by the time people realize their mistakes and poor judgments, it's sometimes too late to save the business Corrisa :-) Answer.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

Related Questions