Rushing to start a business may lead to its eventual collapse. Do you agree?
For a person to start a business, there are some issues to consider. For example, capital, labor, wages, skills among others. Research is very important before any productive activity is started. Questions like, do i have the skills? Do i have enough capital? Will customers buy my products? among others are very important. Most businesses started tend to collapse between two to five years from it's initial start. The problem is rushing to start without thorough research on it. In your view, why do you think most businesses collapse before reaching ten years of existence?
How do you vote?