Is It Easier To Conduct Business Now Than It Was Before?

[Emmy]

It is not easier to conduct business nowadays because you have to get big capital to start up a business, and if you decide to go for loan, you still need to pay high interest which might not make such profit on your business. Thus, I always have a thought to have had a business before now.

 

[Syldan]

There is no doubt, there are alot of things that have changed in the global economy which has been affected individuals country in one way or the others. It's very difficult to start a business now more than before due increase in the cost of production, etc.

 

[Chibson]

There is no doubt, there are alot of things that have changed in the global economy which has been affected individuals country in one way or the others. It's very difficult to start a business now more than before due increase in the cost of production, etc.

Yeah, the cost of production has drastically increased in so many countries and this has made it very difficult for many businesses to operate. It is difficult but not impossible.

 

[Connor909]

Nowadays, doing business is generally simpler than it was. The expansion of the internet, the creation of digital tools, the accessibility of online services, and the rise of new business models are just a few of the factors contributing to this. Entrepreneurs may now access a far larger consumer base and reach a wider market than ever before thanks to the internet and digital tools.

 

[Syldan]

Well it may depends on the kind of business you wanted to start but personally most of the business I see, are becoming very hard than ever due to changes in the economy and increase in the factores of production.

 

[eenya00]

Yeah, the cost of production has drastically increased in so many countries and this has made it very difficult for many businesses to operate. It is difficult but not impossible.

The cost of production has increased because of the rate of inflation as the prices of raw materials has greatly increase and this is affecting production cost.

 

[Abigael]

Well it may depends on the kind of business you wanted to start but personally most of the business I see, are becoming very hard than ever due to changes in the economy and increase in the factores of production.

Yeah, these changes make the running of business to be a bit hard. With inflation, you have to make a few changes to the factors of production and change the price of selling products.

 

[Agbalagbaa]

Technology has lessened the stress associated with conducting businesses, you don't have to meet your clients before conducting business this days .
It's relatively easier.

 

[Chibson]

The cost of production has increased because of the rate of inflation as the prices of raw materials has greatly increase and this is affecting production cost.

Probably, this is actually the case in so many countries around the world. It is the major reason the cost of things has increased and continues to increase in so many countries. With the right government policies the cost of production can actually be reduced.

 

[Jonaville]

Conducting business is a kind of activity that we all would like to do. many people would prefer to have their own business. However, do you think that it was much easier to conduct business around 20 years ago than it is now? What do you think? I think that it was easier because inflation was not that bad back then, what do you say?

I think it is easier in the sense that you can just make research about the business online instead of trying to make the research offline. You can even learn about the business online.

 

[Good-Person]

Yeah, the cost of production has drastically increased in so many countries and this has made it very difficult for many businesses to operate. It is difficult but not impossible.

The inflation has increased too much and this is one of the main reasons why there are so many businessmen who are not able to conduct business at all in my country.

 

[Chibson]

The inflation has increased too much and this is one of the main reasons why there are so many businessmen who are not able to conduct business at all in my country.

the inflation has actually affected so many people that really wants to make money from businesses at this moment. This has actually made a lot of people to lose interest. But the use of social media, marketing businesses now is easier.

 

[Trey]

To be sincere, if you factor in concepts like social media marketing,
and e commerce. You would agree with me that it is easier to do business now than in 15-20 years ago. I sit down from the comfort of my room and place an order for a product to be delivered from China. This wasn't possible before. Doing business now is easier.

 

[Grant]

Everything is so much faster these days. It's easy to find work, to learn, to master certain things. Back in the day we also didn't have the internet, social media, and all the other tech we have now that makes running a business so much easier. So yeah, I'd say things are much better today than it was, say 30 years ago.

 

[Good-Person]

Everything is so much faster these days. It's easy to find work, to learn, to master certain things. Back in the day we also didn't have the internet, social media, and all the other tech we have now that makes running a business so much easier. So yeah, I'd say things are much better today than it was, say 30 years ago.

The main problem is that nowadays time passes so quickly. Moreover, inflation is also making it harder for many businesses to survive properly, as the purchasing power of many people has decreased incredibly.

 

[Sotherefore]

To be sincere, if you factor in concepts like social media marketing,
and e commerce. You would agree with me that it is easier to do business now than in 15-20 years ago. I sit down from the comfort of my room and place an order for a product to be delivered from China. This wasn't possible before. Doing business now is easier.

For the consumer yes , but for the producer and the sellers I don't think so. Example getting into a business now, you won't have the necessary experience to conduct your business as people who have been in the same business as you for a long time thereby creating a lot of difficulties for you as a new business person .
what you said is only applicable to buyers and sellers that must be satisfy them.

 

[Heatman]

Conducting business is a kind of activity that we all would like to do. many people would prefer to have their own business. However, do you think that it was much easier to conduct business around 20 years ago than it is now? What do you think? I think that it was easier because inflation was not that bad back then, what do you say?

I don't believe that running a business has ever been easy because it is not something that you will just not face any challenges in doing the business. But I believe that decades ago, running a business is more easier than what we face today with a lot of taxes from the government and no support.

 

[Syldan]

Well I think it may depend on our individual financial status. some may consider it as more easy to conduct business now than before and others may have a different opinion about that.

 

[Heatman]

You need also to be able to come up with very good business plans and also execute thos business plans to be able to be successful in today's business world as the competition is becoming fierce.

There is no business in the world that is going to be able to survive without a very good business plan and even a back-up plan because there will always be a situation that is going to affect the business drastically but your back-up plan is what is going to help you survive.

 

[Robust]

Well actually for now it is easy to conduct businesses now than before that some people have to walk miles before there businesses can function but thanks for Internet.