What do you do when your business closes

[Hena101]

I believe that when our business fails , we should first of all be able to fight at the onset to save it ,and when we are not able to do , we will thus look for alternative way to earn.

Most at time trying to save it is not the best thing without knowing what make it to failed, that's why it's important to first know the cause before taking any action.

 

[Psalmseen]

What you can do when a business closes. Well, you don't have power over some things. When your business closes, you just need to sit and re strategize about the business and know what caused the failure for the business to close down

 

[Abigael]

Indeed when one businesses closes down, some other opportunities are bound to open up. But most people don't see this because they get caught up in the frustration of loosing one business. That is why it is best to know before a business starts that the end of it is not the end of everything.

 

[Alisco]

When one door is closed another door is open attimes we don't want to close up a business but in actual sense thier is nothing you can do about .

 

[Richard92]

When starting a business, have two things in mind, one is, it will succeed and two, it might not succeed. When any of the above option becomes possible, it will not come to you as a surprise.

When your business closer to start another business because they say that when one door closes another door open you must not sit down and relax.

 

[Setho]

It is a very tough situation whenever your business closes but then what I choose to do is to try to stay positive and then try to find a way that I can be able to rebuild it.

 

[Ralphjoe]

I believe that when our business fails , we should first of all be able to fight at the onset to save it ,and when we are not able to do , we will thus look for alternative way to earn.

Where I believe that when business is feels it should not be the last time that will do that business because failure in business to teach horse so no work we have done wrong in that business and for us to be able to do that business without making that same mistake again.

 

[Sincerem]

Mismanagement at times cause businesses to shut down. Not necessarily natural disasters or unbeknownst circumstances.

 

[Snazzy001]

When your business closes you try as much as you can to see if you can revive it again. In the event that it fails, you will have to try other business opportunities

 

[Setfragil]

When a business closes you will need to know the reasons why the business closes to in order to avoid the same mistakes in the future.

 

[Jlife]

When a business closes you will need to know the reasons why the business closes to in order to avoid the same mistakes in the future.

For me since I will not be having one source of income I will immediately switch to the other one and concentrate on that one for a short time until I've been able to see another thing to do.

 

[GIFTMICHAEL]

I can't watch my business crumble I'll do my utmost best to save it from sinking. That's why we need to plan ahead, have vision and different plans for our business to keep it afloat.

 

[Kelly5]

What you do when your business closed is a I simply pick yourself up and gather all you can and start up something new again and try as much as possible to put the past behind you to focus into the future of your new endeavor

 

[Ghost]

Re-strategize, venture into different bother fields and also be mindful of not making the same mistake again. Cos there's certainly something you did wrong from the former thats why it's fell

 

[Kubiat-Abasi]

What I do with my business closes is to have a flashback of the mistakes that hampered the success of the business, I try to draft a new business plan, I also re-strategize, re-evaluate and get novel mentorship.

 

[Godspower]

When a business crashed or falls apart, you should try to pick yourself up and get engaged in another thing immediately. This will prevent idleness and depression

 

[Good-Person]

I do not think that a person should despair rather he should try his best to make a business plan and try to utilize his resources as much as possible. If he has sufficient capital or a LOTS of capital then he might have more time to think about what business he needs to start. Time is money!

 

[Ghost]

You use your residual money, get another business and invest. This is why is always advisable never to spend all you have trying to rescue a business that would probably still fail

 

[HayKay]

One thing I've come to learn when it comes to running a business is the fact that we have to be open to learning no matter what happens whether it be good or bad.

 

[Setho]

You must definitely have lost some moeny from it and i advice that you should take some time off from it. After that then you should come back to the drawing board to see exactly what went wrong.