10 Bad Luck Signs for Business

10 Bad Luck Signs for Business

A favourable business environment isn’t the sole determinant of business success; businesses can thrive in bad economies, and the definition of a ‘bad economy’ can vary with each individual investor. When it comes to internal business practises, however, there are 10 signs that you might be on the wrong path.

1. Negligence in Ground Research and Consultancy
2. Deficiencies in Capital Investment
3. Inconsistencies and Loopholes in the Financial Accounts
4. Incompetence in Public Relations
5. Negligence in the Execution of Ripe Ideas
6. Constant Quality Discrepancies in Product and Service Delivery
7. Excessive Conformity in Market Trends
8. Hasty Execution of Business Growth Phases
9. Poor Understanding of Consumer Behavior
10. Ill-Equipped and Underqualified Staff