What did you do when your business wasn't doing well?
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batholomew
Apprentice
Joined: 29 Mar 2007
Posts: 5
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 Posted: 10/21/08 - 10:24 Post subject: |
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I have been in a small business and I expected to get a pretty good profit from it. I am mostly in trading and I seek to assure the best possible position. However, my small business isn't doing well. If anyone could help telling me what did you do when your business wasn't doing well, that would be great. Thanks in advance. It means a lot to me.
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tedie
Apprentice
Joined: 07 Dec 2005
Posts: 2
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| Posted: 11/20/08 - 01:04 Post subject: |
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| Businesses have not been going well for quite some time now. In fact, all this year has been pretty turbulent for business owners. Some have lost confidence from their customers. However, gas prices are the common reason for most of people. Simply put, gas prices raise all other prices like in a chain reaction. You need gas for transporting goods, raw material. It also raises expenses, so businesses raise their prices, and because customers have economic issues of their own, they stop buying, or buy less of various goods, which means that you are not able no maintain your business. Hopefully, things will change, but I can tell you that lowering your prices and more advertising could be a way out. Best of luck. |
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