There is no gain saying the fact that so many people go into business with great intentions of just not getting their daily income but also becoming a wealthy tycoon by dint of their efforts but run to a dead end without knowing what further to do just within a short spate of time while a very tiny percentage of such persons makes a success out of that bid.
From all indications, many inevitable factors influence business failure according to the incontrovertible opinion of entrepreneurial gurus. One thing is to have the zeal or skill to move ahead in a particular business but another is how to acquire the knowledge to sustain it. For any reason whatsoever, it is quite necessary for both the experienced and those that are just coming in to be well informed of how to acquire the knowledge that will help them to overcome the inevitable challenges they will have to face on a day-to-day basis.
The fact always remains that a good business knowledge helps to foster economic growth and also nip the ubiquitous deaths of small scale businesses in the bud. Someone that is desirous of making a success in whatever area of business endeavor must combine entrepreneurial knowledge with vocational skill because of the kaleidoscopic tendency of today’s technological age.
This is the main reason why the importance of seminars, trade fairs, exhibitions and business shows cannot be underrated and must be always seized by any budding entrepreneur whether the focus is on small, medium or large scale. Multifarious factors that inhibit business development in Nigeria today include: erratic power supply, multiple taxation, adequate financial means and infrastructural facilities and these are the areas the government has to face squarely and timely too for business to thrive for the socio-economic development of the country.
AUTOPOST by BEDEWY VISIT GAHZLY
