What determines the success of a business ?

[Knowledge Quest]

One of the very and most important factor used to determine the success of every business is customers satisfaction. When your customers are satisfied, they tend to come back and patronize your more .

 

[Heatman]

The good end of any business is to make profits. If your business isn't making money and profits, it's not work well.

 

[Springtime]

I agree that customer satisfaction is the key to the success of a business. Other than that, you have to adopt effective strategies to retain loyal customers so that they will not switch brands. You need to enhance your products and customer service on a regular basis.

 

[Golden9]

Having enough sales to cover your expenditures, while having sufficient amount left as profit is how I perceive the success of any business. Without to this, a business will most likely fail.

 

[LoukiaCharilaou]

I believe that customer satisfaction determines the success of a business. Satisfied customers bring sales and help a business grow stronger.

 

[IB D]

The sole aim of a business is profitability. No matter how much the customer is satisfied, if you are not making profit, that business is a complete failure.

 

[Suba]

To determine the success of a business you can see from the statistical growth rate, if your business is increasing from time to time then you have been successful in doing business, this increase includes the number of customers increasing, productivity increasing, and business capital also increasing due to increased profits.

 

[Bisolami]

One of the very and most important factor used to determine the success of every business is customers satisfaction. When your customers are satisfied, they tend to come back and patronize your more .

Customers satisfaction is a factor that should be taken seriously in a business
Consistency helps too

 

[Shavkat]

Basically, a company can be recognized to be a successful one when it proves its stability in the business world. Then, they were expanding their business locally and internationally. In time, they will be a well-known tycoons.

 

[Bisolami]

Basically, a company can be recognized to be a successful one when it proves its stability in the business world. Then, they were expanding their business locally and internationally. In time, they will be a well-known tycoons.

That is true
There is no point in saying that a business is successful when it is not being stable.

 

[eldavis]

There are so many factors that determines the success of a business, in some cases the location plays a major role, while the amount of effort you put into the business also plays a major role as well.

 

[cherry123]

Customers are always king When your customers are satisfied, they tend to come back and patronize your more .So this where you would see success as more sales means more profit

 

[Bisolami]

There are so many factors that determines the success of a business, in some cases the location plays a major role, while the amount of effort you put into the business also plays a major role as well.

Thwre is no business without challenges but your effort and the right mindset will guide you to be successful.

 

[cherry123]

This is the mindset every business person should have , you can't just have a business and believe it will all be rosy it can't be. you need to be prepared

 

[Bisolami]

This is the mindset every business person should have , you can't just have a business and believe it will all be rosy it can't be. you need to be prepared

And this is why the challenges should be part of the business plans because it is needed to navigate

 

[Niyi Briggs]

Boldness and resilience can help your business stand the test of time. The quality of the product can also make a business successful. Ask questions and learn from other people's mistakes

 

[Stardom22]

For the business to succeed, there should be an adequate market for the goods or services being rendered. Quality customer care services should be presently on the business to guarantee its success.

 

[astutimeliana723]

One of the very and most important factor used to determine the success of every business is customers satisfaction. When your customers are satisfied, they tend to come back and patronize your more .

Yes you are right, the key to business success is customer satisfaction. And customer satisfaction can only be achieved if business management is well managed, such as supervising how customer service is performing, overseeing how the quality of products sold, etc.

 

[Bisolami]

Boldness and resilience can help your business stand the test of time. The quality of the product can also make a business successful. Ask questions and learn from other people's mistakes

Your consistency is also enough to make your business successful. There are times when you will be frustrated but the only thing that can keep you going is consistency

 

[astutimeliana723]

Your consistency is also enough to make your business successful. There are times when you will be frustrated but the only thing that can keep you going is consistency

Yes, you are right, consistency is also one of the determinants of business success. Because many people easily give up changing businesses, when they encounter obstacles or problems in business. Ultimately he will never succeed because any business will always have obstacles to overcome.