1) Inconsistency. Irregular opening opening of business affect businesses largely since your business becomes unreliable to the customers.
2Poor record keeping .records are so important in a business because it helps in maintaining cash flow of business .
3)Availing poor quality product.poor quality product affect business enormously as it faces stiff competition from the competitors in a perfect market.
4) Insufficient commodities.This breaks customer's loyalty and trust to the business that ends up reducing customers.
5Poor location of the business.Business should be located in a strategic place that attract numerous customers . Should also be accessible and convenient to shop in .
6Poor debt management. Inability to manage debt affect business cash flow thus affecting overall liquidity .This affect normal business operations hence business fall out
7)Poor time management .lack of proper time management attribute to customer's inefficiencies and planning that make customers to shun your business.
8)Poor customers relations . Inability to to relate well with customers affect business performance that affect overall output of the business .
Content created and supplied by: Kelvinmutura (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More