My neighbor started a poultry farm without setting up strategies for how he would feed the birds. As I am speaking now, the business is a failed business. That's because the birds are eating substandard food and are losing weight everyday.
Why proper planning is impprtant for any busines.
- Thread starter Niyi Briggs
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Though I don't like poultry business but for any business, research and proper planning is essential to make profit
- Thread starter
- #3
You are on point. You have to make research. Ask questions. Use the answer you get to make plans.
I think that if you do not plan things properly, then you will eventually lose your business. This is why planning is important for every business.
Exactly I don't know how people just start a thing with no prior experience or knowledge you would totally lose if you are not careful.
Some people can feel easy when they are seeing it or thinking of it
Proper planning is very crucial for business growth and that is why most of the business would always want to opt in for one .
Proper planning is essential because it helps a business to set realistic goals and determine the steps and time frame to achieve the goals.
Proper planning is very important for each and every business that needs to achieve its goals effectively.
Proper planning is what will project the business and it will make it successful.
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- #17
If you don't have a step by step path that you have designed that would lead your business to success, then your business doesn't have direction and can easily crash.
Proper planning is important before starting s business to avoid bankruptcy. It's in a proper planning where a business owner plans what to do when worse comes to worse. Included in the planning are inventory, types if innovations, and logistic pricing.
