Always be on guard when running your business

[Jateng]

That is the fact, most businesses collapse because of some employees of the business. People are not trustworthy. People are not always careful about someone else success, but about their own success, so they are always ready to do anything that will bring them success and they don’t care whether it will affect the owner of the business.

If someone wants to be successful in business, it is not just about having employees, but having reliable people. Still, the owner should be among the management so that they will always know what is going on in the business. Because, despite how reliable we may think someone is they may have a hidden agenda.In fact, most successful businesses are always run by the owner or by their son or daughter.

No matter how much capital you invest, or how well you establish marketing tools and infrastructure a business only succeeds when you stay actively involved. written agreements with employees or installing cameras is not enough,these steps are worthless if you completely step away. Sometime taking all measures but communication gaps can create problems or trust issues. In every field there are always people who spread misunderstanding among the employee or create political environment. That distract the employees from their focus.To truly safeguard your business, you need to stay involved, maintain regular communication with your team and actively participate in every aspect of operations.

[junder]

Control is essential for a business to run smoothly and it's also based on measurable management so we know where errors are that need to be addressed quickly and don't negatively impact the process. Hiring employees must also be selective, especially when dealing with people who will later manage finances. Often, business failures are not only due to a lack of buyers, but also due to incompetence of the person handling financial matters.

That's why business requires experience so we know how to manage well and we can recognize problems before they arise. If the owner does not have experience, it will be difficult for him to identify problems or not know how to solve problems that arise when the business does not run according to our program.

Basically, we will definitely do our best for the business we are running with the aim of avoiding problems that can indeed have a bad impact on our business, but from the other hand we must also anticipate by predicting problems that will occur so that we can think of ways to overcome them so that when problems occur in our business we are confused to overcome them. True with the experience you described, and the experience itself we can get by directly starting a business with self-learning capital or experience from the work we have done before.

[ChocolateBitcoinK]

Control is essential for a business to run smoothly and it's also based on measurable management so we know where errors are that need to be addressed quickly and don't negatively impact the process. Hiring employees must also be selective, especially when dealing with people who will later manage finances. Often, business failures are not only due to a lack of buyers, but also due to incompetence of the person handling financial matters.

That's why business requires experience so we know how to manage well and we can recognize problems before they arise. If the owner does not have experience, it will be difficult for him to identify problems or not know how to solve problems that arise when the business does not run according to our program.

Basically, we will definitely do our best for the business we are running with the aim of avoiding problems that can indeed have a bad impact on our business, but from the other hand we must also anticipate by predicting problems that will occur so that we can think of ways to overcome them so that when problems occur in our business we are confused to overcome them. True with the experience you described, and the experience itself we can get by directly starting a business with self-learning capital or experience from the work we have done before.

In managing anything, we have to be extremely careful to solve future problems, we can never predict what kind of problems may come in the future, but we should never think that we will not have any problems, problems will always come, but we should be ready to solve them so that they do not affect us in any negative way. We have to be confident when facing any crisis, how to minimize the damage and how to be more careful not to make the same mistakes again, we have to continue to research these issues in more depth, then our chances of long-term survival are much higher, because a successful business is never built in a very short time.

[Shishir99]

because a successful business is never built in a very short time.

I liked this line. A successful business is never built in a short time.
If your business growth is too high, you have to work on it to make it sustainable. A business does not grow overnight. The business owner and the management will have to be careful. Even if there are no problem in running the business, the busines owner have to be ready for any possible threats, damage. This is one of the reasons we do insurance. You should not invest all your capital in your business. Always keep some money outside of your business. In case your business falls, you can reinvest to fix it.

[Cgrexp]

In business, it is natural to trust when everything is going well, but over-trusting and reducing surveillance due to blind faith is the beginning of the problem. Even big businesses can collapse if there are no rules, accounting, monitoring and accountability. Surveillance is good, but it is not right to suspect someone with excessive surveillance. Surveillance means providing protection to the business. Regularly reconciling accounts or asking for reports and taking care of small things saves from major losses. If there is no surveillance, people can make mistakes even if they are not bad and surveillance should not be done to belittle anyone but from the point of view of protecting the business.

[Jateng]

Never be too relaxed when it comes to do with anything that concerns money, especially your business. No matter how trust worthy you feel the person handling your business or working for you is, always be on alert because your business involves money and people cannot be too trusted when it comes to money.
Money generates greed, so therefore people are never satisfied and want more money irrespective of if it’s affect the owner of the business or not.

Money changes people, no matter how loyal or trustworthy they seem at first. Once money is involved you should not be too relaxed, especially with your own business. Being careful does not mean you are wicked or suspicious, it just means you understand how things work in the business world.

Greed has a way of coming in slowly,  before you know it, people will start putting their own interest above the business.

Before starting a business the person is completely different but as soon as the decision of business money comes into his hands his personality changes.He tries to not benefit  people associated with his business benefit. Therefore money creates a sense of greedy in a person and it gradually develops. This happens mostly in employees because in the beginning they do not know their own benefit so they seem honest but as the money goes to them they take their own benefit from the owners business which is why the owner should be careful about his work.

[gunhell16]

Starting a business isn't just about having the capital; you must first study the location to see if there’s a target market for your products. If the area is densely populated, I believe a food business is an excellent choice since everyone needs to eat.

However, this means the quality of the food must be top-notch to satisfy your target customers. Managing a business is no easy task either, especially when you're just starting out and doing it for the first time.