Wednesday 14 December 2011

Why can a business fail? How can the size of a business be measured?

75% of New Business' Fail due to the fierce competition they face from all other companies within their market; there are also may other factors which make a business fail which are:
  • Weak Idea
  • Recession
  • No customers
  • No gap in the market
  • Not enough supply
  • Not reliable
  • Location
  • Lack of public awareness.



The size of a business can be measured by:

  • The amount of employee's they employ
  • The amount of branches they have
  • Number of products/services
  • Amount of profit
  • Cashflow Turnover
  • How many countries they sell in
  • Recognition
  • Client Base
  • Advertisement
  • Shareholders
  • Brand

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