How do you feel about business losses?

B

Bisolami

Very Familiar

Member

Sep 19, 2022

17,833

1,538

Dex

$0.000

Raw Dex

$0.078

• May 31, 2024

• #1

Today, I found out that there are some goods in my shop that are expired and it’s not my fault. There have not been much sales these days coupled with the fact that the particular product gets expired so fast.

I really felt bad because I can’t sell it to anyone. How would you feel if you were in my shoes?

 

nomad

Very Familiar

Member

Jun 22, 2022

10,941

512

Dex

$0.010

Raw Dex

$0.400

• May 31, 2024

• #2

It is not always possible to be on a profitable side, I understand this hard truth about business

 

K

King Belieal

Notable

Member

Oct 26, 2023

2,963

49

Dex

$0.021

Raw Dex

$0.501

• May 31, 2024

• #3

You just have to take the loss. One thing that you should be very particular about going forward is how to manage your inventory. You really need to sit down and work on that so that the losses won't come again.

 

Shavkat

Very Familiar

Member

Sep 7, 2022

13,631

947

Dex

$0.515

Raw Dex

$0.003

• Jun 1, 2024

• #4

In my country, suppliers usually get the expired ones and changed them the new ones.

 

eldavis

Very Familiar

Member

Sep 4, 2022

15,080

664

Dex

$0.000

Raw Dex

$6.186

• Jun 3, 2024

• #5

Whenever I experience loss it is usually painful but I also try my best to learn from this experience.

 

cherry123

Popular

Member

Sep 5, 2022

27,449

2,611

Dex

$0.401

Raw Dex

$0.090

• Jun 3, 2024

• #6

That's bad but since you know that there low sales now try to reduce your purchases. Buy more of products that are fast sales

 

S

Stardom22

Very Familiar

Member

Sep 1, 2022

13,237

565

Dex

$4.300

Raw Dex

$0.417

• Jun 5, 2024

• #7

For me l feel very bad when l suffer losses in my business. I would therefore make sure l minimise the event of losses at all costs.

 

R

Ratine

Notable

Member

Sep 5, 2022

3,915

48

Dex

$3.000

Raw Dex

$1.075

• Jun 11, 2024

• #8

Business losses are very annoying for the truth of the matter. As the business manager one should avoid it at all costs.

 

E

Etini Willie

Notable

Member

Nov 22, 2022

3,421

93

Dex

$0.000

Raw Dex

$0.501

• Jun 11, 2024

• #9

There is nothing much you can do about the situation. You just have to keep an eye on such products in future and stock minimally.

 

S

Stardom22

Very Familiar

Member

Sep 1, 2022

13,237

565

Dex

$4.300

Raw Dex

$0.417

• Jun 12, 2024

• #10

I always wonder why it's always very easier to make losses than it is to make some profits

 

F

Fidelia

Notable

Member

Oct 28, 2023

2,383

36

Dex

$0.010

Raw Dex

$0.303

• Aug 13, 2024

• #11

Stardom22 said:

I always wonder why it's always very easier to make losses than it is to make some profits

Click to expand...

I only make a loss very few times in my business. It is actually easier to make profits than losses.