Mauro Libi: 3 recommendations to avoid business failure

                    

     In companies there are factors that can be positive or negative for the good management of it. When working in a company, it is important to have knowledge about what works, to avoid any inconvenience that could harm it. Not to repeat mistakes in entrepreneurship, it is important to know what factors can make it fail. The causes of this failure can be external or internal. The external ones are those that come from the general situation of the Gross Domestic Product (GDP) of the country or the economic sector in which we find ourselves. The interns depend on the entrepreneur and are diverse.

     We can also stand out the commercial and financial as the main causes. The commercial causes come basically from the demand instability and new competitors. The demand instability comes from consumers changing our tastes and meeting our needs with other substitute products or services. Therefore, entrepreneurs should continually innovate. When we perceive an increase in sales, but with a decreasing rate, to be exact, less and less growth, we should think about innovating, since the life cycle of our company will be reaching a maturity stage which will be followed by a stagnation and a subsequent fall sales.

     Here are 3 recommendations for avoiding business failure:

1. - Errors with employees: It is fundamental to know what type of people we are hiring, that’s why before placing a person in a vacant position inside our company, we should study and analyze, which is so specialized in the area for which is postulated. It is a role that must be fulfilled by the personnel who are experts in selecting the personnel, who are known as human talent, that’s where the process of those who make up the business organization begins. It is important that we be rigorous with the selection, because if we have an efficient and highly qualified team, we are sure that you will have a satisfactory job.

2. - Do not ignore the client: Our primary source in the business is customers, if they aren’t comfortable with your product or service; you could fail sooner than we think. That’s why, we should always give the customer what he wants, with the best treatment and friendliness, with services and quality products, so they are satisfied and faithful to our company. Do not forget to be attentive to our customers before and after making any purchases.

3. - Business culture: It is an important point, because it is up to us to be able to create an entrepreneurial culture, where we become identified with our work team, as with the clients. Let us have a particular identity and trust with our consumers so they can feel part of it and will be a great contribution for our company.

Visita:

http://maurolibiempresario.blogspot.com/

http://maurolibithinkingforbusinesses.blogspot.com/

http://maurolibivenezuela2015.blogspot.com/

http://maurolibicaracas.blogspot.com/

http://maurolibivenezuela.blogspot.com/

http://maurolibicrestaniempresariodeexito.blogspot.com/

http://maurolibicrestani15.blogspot.com/

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@maurolibi12

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