I don't know about other places, but over here the moment they hear you are a business owner, no matter how small or big the business might be, they tend to assume you are rolling in money or you can simply get anything you want. I believe the biggest challenge of owning a business is the decisions you make. Any wrong decision can completely break the business.
Most difficult aspect of being a business owner?
- Thread starter eldavis
- Start date
I think some of the challenges include lack of resources and the ability to get customers. Getting the right talents to work for your business is also a challenge. Running a business requires long term commitment and persistence.
The most difficult aspect of business is low sales. If you cannot market it well, never expect a good income from your business. The location of your business also matters. You will face difficulty of there are only a few people around your neighborhood.
I think the most difficult aspect of being a business owner is the ability to make sales and stay profitable.
- Thread starter
- #15
Evey decision made by the business owner determines how the business would go, so the business owner has to be extremely careful the decisions they take.
Organising things all by yourself is the most difficult aspect of being a business owner, especially when factors are out of your hands.
