What is that limiting factor that is stopping you from taking that business train?

Considering your account balance at times can hinder the way you think. It can be litttle you because you might be thinking of the negative side that might hit you if the business crumbled. Take a look at this example. If you have $1000 and the business you want to start is worth $200. Do you know that you won't be afraid to take this kind of risk knowing fully well that if the business goes south, you will be able to fall back to your $800 and use it to balance your life pending when you are back on track. And secondly, if such business fails, you will learn a lot from it and this act as guide anytime any day.

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From the above we can see that the person has $1000 in his account then he invested $200 into his business. When the business fails, he was able to fall back to the spare cash he has. Now look into this example of somebody who has $1000 but the business he wants to venture into cost $900. Do you think such person will want to take such risk? We all know business is all about risk but can you take such risk without considering what will happen if the business fails. Somebody with that amount of money will not want to take such risk. Now if things goes south and business crumbled, how will he sustain his life. How far can he go with the $100? This is where the challenges set in and this is some person currently issue right now.

Not as if they don't have business idea to venture into or money to start that business but they are considering the negative aspect of it. Nobody will want to grow broke why trying to set up a business. This is one thing that everybody thinks of first when it comes to business.

If we are to ask a lot of person why they have not started the great business in their mind, they will tell you fund is the major issue. Without money at hand, you won't be able to get that dream business completed. I have heard stories of great business who have taken their last cash to invest in a business and today they are doing very fine. They took the risk and it is paying forth for them. But this on a normal time happens in a rare cases. Truth be told, if you want to go into business, you have to at first kick out fear from your life. There is this popular saying that states that all the millionaires and multimillionaires out there have lost fund in one way or the other while trying to take that business risk.

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Before I started my business, I had to go to my Uncle who is a successful business man for guidelines. I ask him to guide me before I venture into the business. He asked me if I am ready to face competitions and pressure from different angles. I told him I am ready. While making my choice, I had to go for business that I have love for and again a business that I have full understanding about. This will help in a long term. Don't ever think of making such mistake. Don't go into business because your friends are into it or because you heard somebody is making millions from it. If you F.O.M.O, you will get burnt at the end.

All business has their trying time. If this trying time arises and you have love and understanding for your business you won't be moved. You will want to fight yourself out of the mess you are into. But if you don't have understanding and love for your business, you will see the battles as something else and you might step down there by resulting into a bigger loss.

Without being told, the number one limiting factor is money. Money is a big issue when it comes to business. If you don't have your capital in place, just know that there is no way your business can start. Capital is a big issue when it comes to business. A lot of people have great business plan but because there is no capital to start the business, they decided to give up.

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Another limiting aspect that affects business is finding a good locality for your business. Don't in any way over look this. A good locality for your business matters a lot when it comes to business. If you set up your eatery in a very hidden locality, you might struggle to see customers patronizing you. But if it is set up in a good locality, the impulse of customers patronizing you will be massive.

Another thing to look at for is putting your business in good hands. This limiting factors can crippled your business before you even know's it. You have to make sure that the people you employ to work for you are God fearing so that they don't help in crumbling your business to zero (0) percent. This is why you have to be focus with your business. Don't be too harsh with your workers so that they don't frustrate your effort by coming together as they fight against you.

Building your customers base: The aim of every business is to make profit. If it happens otherwise, it means the motive or aim of the business have been destroyed. The customers you have should be treated as gold so that they can fall in love with your brand and refer others to your company. Remember it is through your customer's that your profit will sprout out from. So, if you fail in your responsibility to treat your customer's nicely, if they keep pulling out, your business will crumble.

I will be dropping the golden pen here. I hope you love the post and along the line, the message it passes? If yes, you should learn to follow the words and advice from this post. Make use of it and it will surely yield positive result. Lastly, if you want to venture into business and you saw that the cost is $1000 but you have $500, don't see that as a limiting factor, start with the little you have and along the line, you will be able to grow your business into formidable force which will be hard to fight against.

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