Why most online business fail?

[Jlife]

Yes of course they will help you a lot , and no worries about money spent , they will help you get profits for sure , and if they feel you are caring for them , they will do their best .

Yes but you said it is not easy for business company to have them, a company who understand the value of such people will always look for an opportunity to have them because they will bring success to their business company.

 

[Salimo]

Yes of course , the company should always be in seek for those persons cause they will help the company much better for having nice place and réputation between companies .

 

[Psalmseen]

Most online business fail due to lack of proper planning and lack of professionals that can manage the business for you properly. Online business needs some form of professionalism

 

[skyliequiz]

Many internet company beginnings fail and cease abruptly because they do not plan ahead of time. They know virtually little about their target market and clients. They make no marketing attempts to engage in meaningful visual connection with potential consumers.

 

[Josephjossy]

There are many reasons why a business fall, it maybe because of low business planning. Some people go into business with low business plan that's lead to business collapse. Some are because of low capital to substan the business

 

[tyrim88]

The basic success requirement for an online business is to have a definitive plan that pilots the direction of your business. Many people jump into any trending online business and invest money without drafting a precise plan on how the management of the business should operate. The online business is just like any other business, it operates basically the same way as a physical business and must be treated with the same approach.

Most time some persons would not want to invest in learning and get adequate knowledge about an online venture.It is from a knowledgable stand point that you would be able to approach any challange that comes with the terrian.

 

[Kunkun]

Yeah it's true most businesses fail, and that can be because maybe the business owner failed to properly ascertain the risks involved or funds are minimal or the the location and marketing is bad

 

[kay169]

It is due to lack of maintenance and inconsistency most business men and women are lazy they get relaxed when they make a huge about of profit !

 

[Deucalion]

Most business fail because the owner of the business do not understand the type of business they are doing, it will also fail because of bad and proper planning of the business ,management is also one of the things that can causebusiness failure.

 

[Hena101]

Without the required knowledge and patience to wait and grow a business online business will continue to fail because only knowledge and patience birth a long lasting results that can make someone to continue in doing his business and also skill is important too.

 

[Lens]

Online business fail because people just enter into online trade simply because a friend tell them that online business is very lucrative and they never make research into the business. Planning is the key and it's very necessary to plan well

 

[kayode10]

There are a lot of reason why online business fails. some of them lack of capital lack of right knowledge lack of mentorship. lack of knowledge on how to acquire right customers for the online business unforeseen circumstances etc some business also fails due to the laziness on the part of the owner.

 

[Shigobad2020]

It's because people think they pluck money on the internet. A lot of people are not ready to grow their online business before they start making money out of it,hence they frustrated out

Most of the online business fails because of lack of orientation, most people just come online to create a business without looking much into it and they don't really have the knowledge about the business.

 

[Psalmseen]

Most online business fail due to lack of strategic planning. There's a saying which goes thus "he who fails to prepare, prepares to fail".. You need to hire experts when it comes to online management

 

[Shigobad2020]

First is lack of proper planning before starting the online business.
Secondly lack of patience in the business . Some close when it seems that they have not been making progress

There are many reasons why most online busuness fails, one of them is lack of patience like you just mentioned, some people tend to get tired of a business when the sales is not coming in and instead to advertise and wait, they decided to leave the business .

 

[Setfragil]

It is due to lack of maintenance and inconsistency most business men and women are lazy they get relaxed when they make a huge about of profit !

I agree with your point. Some business owners tends to relax when they are making huge profits in their business without making any effort to improve on the services that they rendered to their customers.

 

[GIFTMICHAEL]

Everything comes down to adequate banning, online business is just like offline business. If we don't an it how it will run long time it will crash down.

 

[Richard92]

Everything comes down to adequate banning, online business is just like offline business. If we don't an it how it will run long time it will crash down.

1 major reason why most online business phone is when they do not identify the risks of the business and also have solutions and measure for those risk with these the business will definitely fail

 

[Jlife]

Everything comes down to adequate banning, online business is just like offline business. If we don't an it how it will run long time it will crash down.

I think the reason why most of the online business Do not succeed is because those people who are operating online business do not measure up to the competitive nature in online business ,that is why they give up easily.

 

[GIFTMICHAEL]

I think the reason why most of the online business Do not succeed is because those people who are operating online business do not measure up to the competitive nature in online business ,that is why they give up easily.

Those are the people who doesn't like competition, and they aren't innovative to withstand the pressure of business competition.

Post automatically merged: Jul 15, 2021

1 major reason why most online business phone is when they do not identify the risks of the business and also have solutions and measure for those risk with these the business will definitely fail

Those business owners are the ones that delve into business without much expertise, knowledge to take risk that is worth it, they just rush in cos they want to answer business owners too.