What will you do? If your business going in loss

Hi fanta(my favourite cold drink) How are you..? No friend absolutely not if a persons suffer the loss in the running of the business he/she should not shut down/close the business. In business risk is the essence part of the every business you can't expect a good profit or high profit without taking risk. In such circumstances a business man sometimes face massive loss but the persons who face/handle such situations only achieve a success in the business. if my business running in the loss i won't close the business i will look after what is the actual cause for having such loss and i will take effective remedy/measures to resolve it. Keep smiling my friend

Now if every loose how to begin if there is no money left and corrupt? Nothing to say,just start to work hard again,save money and etc..But big problems..And if you plan to have business,make sure you have the best plan and decision make...Because if you start and the money is less,you cant go through..and also if you d not know how to manage your money every thing is a waste...So i do not know i have not tried any yet..

Don't worry Fanta, every business takes time to establish. As long you have confidence in arranging the promotion for your business, i am sure there will be more and more customers to come. Just keep on promoting your business. Always think positive in everything that you want to do.

There are times when a business get financially strapped but it takes diligent planning to get it back afloat. Part of business is budgeting and making the necessary changes to allow it to keep thriving. I don't believe the option is to close it if one can make changes to recover. One does however need to exhaust all possibilities before they conclude that closing it is an option. Closing a business and not determining what went wrong will only cause a new business to head in the same direction. So not wise to simply close a business and start a new one immediately.

Hii fanta if my business will going in loss then I will check first what is my mistake why students are not coming in my Institutes and then think new idea how can attract the students in my side arrange some free seminar so at least students can see my Institutes or my teaching way and you know I am an Indian married women so never loose my confidence in any situation so increase confidence think the reason of loos and recover it closing business is not solution.

well the business i work for is slowly going into a loss we are not making sales and we have not been making budget for a few months now in order to compensate they have had to let alot of people go they have cut hours in half trying not to have to let people go but even that is just not enough they have started watching employees more closely and nit picking everything they are just waiting on you to do one thing wrong or mess up and they will fire you for it

Hi fanta, I don’t have any experience in business and I don’t know my opinion will be good here. If the person is confidant on getting profit next time there is no need of giving up. Risk is always involved with business and you can’t expect profit every time. In my opinion, those people who easily give up and close the business and open a new, won’t get any success with any business They should show some more patience and think what can be done next to avoid the loss and how to get success next time. If they do correct their mistakes and learnt lessons, they will definitely move forward.

It hurts of course to see your business not doing good to the extent of closing it. I am not into big business, but only small one and sometimes not doing good. Since it is not a big one, I am not affected much and I kept the positive thoughts that there were ups and down in business and even with jobs. Keeping with positive views is the only consolation to boost the confidence. have a good day

Hi Well If we get lose and if we go for new business then it will not give you assurance to give you profit. Any business need time to established. Surely it will not give you benefit straight away. So better we keep it up with the same work and think about different way to spreading it. After a year it may give you a good profit for your hard work. So personally I won't leave if I am not getting success in starting.

One should really weigh in the consequences of the falling business. If the owner still believes in the business, then he should always try and try to succeed. If the owner already lost his confidence with the business, then it is high time to venture for another opportunity around. Closing or maintaining a business has a lot of factors to be considered. Each factor should be carefully evaluated in order to arrive in a decision which can give the owner more options to do as next plan.

Well the answer for that question can not be easy or in just one sentence. Its depend what kind of business I have, what is economic situation, if I have any savings or the main if I have any prospect to rescue the business? If I had loved my company I would do everything to make is prosper.