According to the Small Business Administration (SBA), a whopping 50 percent of small businesses don’t see past their fifth birthday. This is disheartening considering no one starts a business for it just to fail. But where do these businesses go wrong or rather what didn’t they do that they were supposed to?
There are a number of reasons that lead to a company’s failure within five years. Here are common reasons why many small businesses struggle to stay afloat.
Lack of communication with customers
Customers are the backbone of any business. If you choose to ignore your most valuable asset, …
Web-based business (electronic trade or EC) is the purchasing and offering of products and enterprises, or the transmitting of assets or information, over an electronic system, basically the web. These business exchanges happen either as business-to-business, business-to-shopper, purchaser to-customer or buyer to-business.
Web Banking is likewise a web-based business Operation
Today it is workable for you to play out the whole range of saving money operations without going by a physical bank office. Interfacing of sites with financial balances, and by augmentation MasterCard’s, was the greatest driver of online business.
Essential 9 factors you should need to comprehend before beginning …