Why Shouldn’t Shut Down Business First Month

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Chrispen

Business || Brand strategist || Marketing - We make and break Brands®

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Monday, September 2, 2024 -When a new business is opened, it starts having tendencies of failing or picking up too slow.

Businessmen who are not strong enough to endure usually give up as soon as they started.

First month is characterised by pure hardships sometimes a few clients here and there. Some businesses may record a very high sale in the first three months then suddenly plummet down seasoned with dry sales or nothing at all. This, usually, gives owners an unhonest side of the business where done decide to quit while some stay on.

It is not usually easy to run a successful business especially for the weakest. Business requires strategy, hardwork and resilience from the business owner. Without this characteristics, it becomes virtually hard.

Perseverance for six months can be the greatest achievement any starter up can do since, after the six months, there will be a lot of activities going on.

We have businesses like running a wines and spirits store or shop. This business may start recording early sales in the first weeks because of the craze and hype. But after a month, things start to change. The graph runs negative direction. It is the trend in most cases but this should not discourage you. With a few more months, the business will definitely pick up.

The biggest mistake most people do is expecting a huge return in the first few  months. This is the worst expectation from any business person because it is never that way.

Last, make sure you have your business on social media platforms like Facebook and Instagram pages where you can boost products to potential customers in the market. Facebook Ads allows you to start recording random online clients hence early sales.