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Sunday, April 28, 2019

Why did I closed down my business Personal Statement

Why did I closed down my pedigree - Personal Statement ExampleTherefore, neediness of boil down led to closure of the business.Second reason behind the closing down of the business is miss of trust on the individual skills which be required to run the business to greater heights. Successful entrepreneurs are goal oriented and have internal interest towards the tasks that they undertake (Nieuwenhuizen 2009, p. 9). Business has a varying results and its the mandate of the manager to know how to deal with the situations when they arise. Fear of failure is the reason behind the closure of the business as there was a mentality of personal failure in the future. When managing a business that a person does not own a manager is shielded from losses as they go to the stockholders kinda than the management (Nieuwenhuizen, 2009, p. 17).Business needs planning and forecasting for it to prosper. An individual entrepreneur who poorly plans for his/her business is promising to be attracted to other opportunities that make him lose focus towards the main goal of achieving success in lead the business (Nieuwenhuizen, 2009, p. 9). This was the case as there was poor planning for the future which made you to lose focus when an enticing opportunity

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