Factors Hindering Business Growth

Spencer

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As a business owner, there are different factors that can hinder your business growth, some of these factors are know while some are not really obvious.

Purchasing power is one of the reason most business do not experience growth, if your customers don't have high purchasing power you'll find it difficult to sell to them especially if you are not selling essential products like food etc.

Secondly, debt, as a business owner you have to build your own principle around debt and how you approach giving it out, any business that gives out debt at all times is guaranteed to go under in no time.
 
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