Hey people,
I have been working on saving my business which has been going through a bad phase due to declining sales. It is my mistake because I failed to effectively lead my team towards the goals of the business. I was unable to plan and create a roadmap for the business. Without our short-term and long-term goals, we had no direction and didn’t know what to do when. It created a lot of chaos and confusion in the organisation. The customers and employees became disgruntled, and it led to drop in sales. However, I realised my mistake and became more vigilant about my role in the organisation. To know more about such reason of business failure, read the article shared below. https://www.business2sell.com.au/blogs/evaluation/reasons-for-business-failure-and-how-to-avoid-them
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February 2024
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