6 MISTAKES TO AVOID DOING BUSINESS. (YOUR COMPETITORS ARE BETTER THAN YOU).

PRINCE IKA today I want to share with you in my blog 6 mistakes to avoid doing business.so many mistakes can be made in business due to ignorance. It’s not easy to do business for beginners, that’s why a lot of people prefer becoming an employee all their life time rather than starting a business. In this blog I will discuss a few mistakes you should avoid

1, NOT LISTENING TO CUSTOMERS

2, FOCUSING TOO MUCH ON ONE THING when running a business many tasks need to be done every day, such as advertising, taking stocks. Etc,.but. If you focus too mush attention on one thing, other things might fall behind you . Spread out your time and effort so that you can focus on each tasks adequately and see positive results

3, UNDERESTIMATING COMPETITION. it’s important to know your competitors in that line of business and know what they’re doing you are not doing. If you look down on your competitors ability in that same business you are doing to know if you are doing what they are doing it will be challenging to stay ahead of them in cash and in client. Know the strategies of your competitors and come out with a plan to beat them.

4, NOT HAVING A BUSINESS PLAN.

This is a common mistakes a lot of business owners do, starting a business without a proper design business plan feeling that is a small business. No matter how small your business might be create time and design your business plan. BUT IF YOU CAN’T, I CAN HELP YOU DEVOLOP ONE EFFECTIVE BUSINESS PLAN SUITABLE FOR ANY COMPANY. CONTACT ME EMAIL princeika@gmail.com, WhatsApp or Call +2347034600826. Having a business plan will help you map out goals for the future of your business .it will also help you in advertising to reach customers, give you focus, and keep employee on track on their duty post.

5, NOT HAVING A GOOD TEAM. A good team is significant in any business achievement. It will be challenging to achieve success if you have no self motivated people or who worked well together. the best way to fine a right employee is by doing a good job interview not bringing a love one who is incompetent to avoid conflict among team members

6, NOT SETTING GOALS. One big mistakes to do is not having any goal in mind. this means that you are just going through the motions and have no idea where your business is heading to. Long team or short team goal is better than none.

Conclusion. When doing business it’s crucial to avoid mistakes

Has this information been of help to you?please kindly drop your comment below.

You can also reach us on WHATSAPP +2347034600826, Email address princeika@gmail.com