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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 20, 2023In:

One thing I am sure of about consumers and clients, is that they would never patronize a business owner that shows bad attitude and bad behaviour to them. Business owners and managers should value the existence of their customers and ...Read more

One thing I am sure of about consumers and clients, is that they would never patronize a business owner that shows bad attitude and bad behaviour to them. Business owners and managers should value the existence of their customers and clients and must always do their utmost to satisfy their needs and wants, because it is only when they are able to satisfy the needs and wants of this clients and customers the business will be able to make profit and yield expected outputs. Attitudes and behaviours of owners of business matters to make a good business have good reputation. What do you guys think?

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business managementbusiness satisfaction
  1. Inem
    Inem Knowledge Seeker

    Business thrives on the reputation that the customers have about the business. And one of the major determinants of that reputation is the behavior of the business owner or business operators. A business owner or operator that is generally rude would have a negative reputation. And that would alwaysRead more

    Business thrives on the reputation that the customers have about the business. And one of the major determinants of that reputation is the behavior of the business owner or business operators. A business owner or operator that is generally rude would have a negative reputation. And that would always affect the level of patronage the business would get.

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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 20, 2023In:

Mostly small-scale business owners are finding it hard to strive in business and to grow their business thereby reaching goals and objectives especially when there is less competition for the goods and services in which most of the small-scale businesses ...Read more

Mostly small-scale business owners are finding it hard to strive in business and to grow their business thereby reaching goals and objectives especially when there is less competition for the goods and services in which most of the small-scale businesses sells and renders. In such situation, what I did or answer can you give do this question that will help them cope?

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business growth and developmentcompetition
  1. Joyfuloasis
    Joyfuloasis Newcomer

    To thrive in a competitive business environment you need to have an edge over your competitors. Take provision and food stuff sale as an example - these business are everywhere but why would you choose one person over another? * If the person acts nicely and treats you well, you would want to patronRead more

    To thrive in a competitive business environment you need to have an edge over your competitors. Take provision and food stuff sale as an example – these business are everywhere but why would you choose one person over another?
    * If the person acts nicely and treats you well, you would want to patronize them again.
    * If the person sells at a slightly cheaper rate
    * If she has more products
    * If she’s almost always available
    So generally some of the tools you need to stand out are:
    * Branding
    * Packaging
    * Pricing
    * Customer service
    I wish you all the best

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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 19, 2023In:

One of the main things that affect a business ability to grow and develop as well as a business ability to achieve goals and objectives in which the management of the business have estimated, is taking up irrational business actions ...Read more

One of the main things that affect a business ability to grow and develop as well as a business ability to achieve goals and objectives in which the management of the business have estimated, is taking up irrational business actions and decisions without having the full details of the underlying reasons why a particular thing should be so or not be so. To make informed judgements and decisions in your business, carefully and exhaustively examining and reviewing your business records and accounts can absolutely go a long way in helping you achieve this.

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business decisionsbusiness practice
  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor

    Ultimately, you should always have as complete a set of information as possible prior to making any decision regarding doing business; however, there will be times when it is impossible to obtain all of the necessary information. If you have enough reasonably accurate data to minimize risk and be inRead more

    Ultimately, you should always have as complete a set of information as possible prior to making any decision regarding doing business; however, there will be times when it is impossible to obtain all of the necessary information. If you have enough reasonably accurate data to minimize risk and be in a good position to choose wisely, that is paramount. For business owners, knowing about the market, cost, revenue, competitors, and the potential of difficulty with any decision they choose to pursue should be a priority. Having good data can help you avoid making poor decisions, as well as help improve your planning. Generally speaking, if you wait for all of the data before moving forward, you could seriously delay your progress. Most successful operations utilize the available information, experience and/or and careful analysis to reach a decision then are willing to make changes according to new data that may arise within the process.

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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 19, 2023In:

It is not always 100% guaranteed that the goals and objectives as well as the plans of a business organisation will succeed especially if the business did not put in too much consideration the protocols as well as the conditions ...Read more

It is not always 100% guaranteed that the goals and objectives as well as the plans of a business organisation will succeed especially if the business did not put in too much consideration the protocols as well as the conditions necessary for them to achieve estimated goals and objectives. In such situation how can a business owner cope?

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business plansfailed business goals and objectives
  1. Carpon
    Carpon Expert Mind Hustler

    There's always a lesson to be learnt and every experience teaches a lesson. I feel when faced with failures in business, you should rather than focusing on that failure and all it's negative effects, understand how to see what could have been done to get better results. That way you learn from the mRead more

    There’s always a lesson to be learnt and every experience teaches a lesson. I feel when faced with failures in business, you should rather than focusing on that failure and all it’s negative effects, understand how to see what could have been done to get better results. That way you learn from the mistakes rather than dwelling on the mistakes and letting it break you down

    Businesses has ups and downs and you must learn to cope with all that

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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 19, 2023In:

Multitasking in business simply refers to the situation or condition where by a particular business organisation carries out not just one activity or operation but different activities, in order to meet the needs and wants of the numerous members of ...Read more

Multitasking in business simply refers to the situation or condition where by a particular business organisation carries out not just one activity or operation but different activities, in order to meet the needs and wants of the numerous members of the public in different cases and situations so as to have not just one source of revenue but rather many. In as much as this could be a good idea for most businesses, but I do not think that it is a good idea for business that is just starting up, that is a newly established business, the reason is because it might unconditionally increase the operational cost of such business and seeing that the business is not yet strong, liquidation and bankruptcy might be knocking on the door. Anyways what do you guys think?

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business activitiesbusiness multitasking
  1. Carpon
    Carpon Expert Mind Hustler

    In life people will do everything to survive and everything has to be done for a business to survive too and if it means the business starting multitasking then it will be done as far as it can be properly managed and it will not be of harm to the business The business must always remain flexible esRead more

    In life people will do everything to survive and everything has to be done for a business to survive too and if it means the business starting multitasking then it will be done as far as it can be properly managed and it will not be of harm to the business

    The business must always remain flexible especially if it is a business that is growing and one that has not really gain ground because there is a way that a business will grow and you cannot be able to diversify it but for businesses that are starting newly there is a possibility of multitasking

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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 19, 2023In:

Multitasking in business simply refers to the situation or condition where by a particular business organisation carries out not just one activity or operation but different activities, in order to meet the needs and wants of the numerous members of ...Read more

Multitasking in business simply refers to the situation or condition where by a particular business organisation carries out not just one activity or operation but different activities, in order to meet the needs and wants of the numerous members of the public in different cases and situations so as to have not just one source of revenue but rather many. In as much as this could be a good idea for most businesses, but I do not think that it is a good idea for business that is just starting up, that is a newly established business, the reason is because it might unconditionally increase the operational cost of such business and seeing that the business is not yet strong, liquidation and bankruptcy might be knocking on the door. Anyways what do you guys think?

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business activitiesbusiness multitasking
Mike Smith
Mike SmithKnowledge Seeker
Asked: September 19, 2023In:

I usually see majority of individuals established business today, and just within the range of 1 month they close down the business because they think that the business would not take them anyway, inasmuch as the reason today is good ...Read more

I usually see majority of individuals established business today, and just within the range of 1 month they close down the business because they think that the business would not take them anyway, inasmuch as the reason today is good by business establishment or insufficient capital, I also believe that it is as a result of their lack of patience to wait and see the business grow. Some business ideas are ok and most individuals start their business with small capital and grow it into a big business, but most individuals are so lacking the patients to wait and seeing their business grow through the stages of business growth and development. For a business to grow and develop as a business owner expected, the must first of all be recognised by members of the public, and this may take time. The business also must reach the needs and wants of members of the public through the price and quality of the business goods and services. Anyway so what did you guys think about this?

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business and patiencebusiness qualities
  1. Redditcat1
    Redditcat1 Active Contributor Digital marketer

    In business today you need patience to succeed if you don't have patience I don't think you can succeed in any business.Do you know why ? because profit come in business very small without patience you won't be able to manage and run a business successfully.

    In business today you need patience to succeed if you don’t have patience I don’t think you can succeed in any business.

    Do you know why ? because profit come in business very small without patience you won’t be able to manage and run a business successfully.

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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 19, 2023In:

Organisational goals and objectives is one of the thing a business must possess, even starting from the initial day in which a particular business is newly established, search business is expected to have goals in which the management of such ...Read more

Organisational goals and objectives is one of the thing a business must possess, even starting from the initial day in which a particular business is newly established, search business is expected to have goals in which the management of such business looks forward to achieve. For the meantime the goals will be short-term goals because it is when a business is able to achieve its short-term goals that it will be able to achieve longer-term goals. I have a business, and yet I do not know how to set and reach goals please help me out?

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business administrationbusiness goals and objectives
  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor

    When you clearly define achievable and realistic business objectives, reaching them becomes a smoother process.To start off, establish a clear vision of where you want your business to go. Then, break this vision down into SMART goals (Specific, Measurable, Achievable, Relevant, Time-bound). For insRead more

    When you clearly define achievable and realistic business objectives, reaching them becomes a smoother process.

    To start off, establish a clear vision of where you want your business to go. Then, break this vision down into SMART goals (Specific, Measurable, Achievable, Relevant, Time-bound). For instance, setting a goal like “increase sales by 20% in 3 months” is more effective than simply saying “grow sales.”

    After that, it’s essential to break down significant goals into smaller, manageable tasks. Prioritize short-term goals first as they help in gaining momentum towards achieving long-term success.

    Develop a straightforward action plan by delegating tasks, setting deadlines, and monitoring progress on a weekly basis. Utilize basic tools such as spreadsheets or apps to stay organized.

    Maintain flexibility by reviewing your goals regularly and making adjustments if necessary. Additionally, analyze outcomes and learn from any mistakes made along the way.

    Consistency, self-discipline, and routine assessments play a crucial role in transforming your goals into tangible business growth.

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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 19, 2023In:

Obviously before an individual established business they had always been another individual who have established the same business in which the individual may have seen and as a result of the nature of the business thinks of establishing the same ...Read more

Obviously before an individual established business they had always been another individual who have established the same business in which the individual may have seen and as a result of the nature of the business thinks of establishing the same business. It is expected for such individual to learn from the examples of these individuals who have already been in such line of business because doing so will help him or her overcome any form of challenge that may come in running and managing his or her own business. What do you guys think?

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business examplesbusiness mates
Mike Smith
Mike SmithKnowledge Seeker
Asked: September 19, 2023In:

In as much as a business is established by an individual to serve the public at a profit, the individual who establish the business must also benefits in terms of satisfaction and joy to world the business in which he ...Read more

In as much as a business is established by an individual to serve the public at a profit, the individual who establish the business must also benefits in terms of satisfaction and joy to world the business in which he or she have established. Most individuals who have established businesses, are so sad because their businesses is not moving as expected and as planned. What do you guys think?

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business managementbusiness satisfaction
  1. Augusta
    Augusta Enlightened Mentor

    Nothing will infuse your company culture with happiness faster or more effectively than leaning into purpose. This is why you need to start the day on a good note. How you feel in the morning affects how you feel at work for the rest of the day. You just have to hold until your purpose Connection, aRead more

    Nothing will infuse your company culture with happiness faster or more effectively than leaning into purpose. This is why you need to start the day on a good note. How you feel in the morning affects how you feel at work for the rest of the day. You just have to hold until your purpose

    Connection, and increasing your Impact matters. Creating an exciting company culture will not only make you and your co workers will be happier, but it will also make your your tasks more successful.

     

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