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Greetings Joseph. The world is currently facing recession courtesy of the pandemic. So, what you are facing is not uncommon to business men/women. First of all, when you say your business is going down, you need to understand the area. Is it in patronage, publicity or just finance ?? Which of this areas have you noticed a shortfall?? Please take your time to answer this because money might not be the problem. To make money you must have people because money resides in men... before answering the question. Ask yourself..what business am I doing? Am I surrounded by people who need my goods or service? Can the people around me pay me?? Am I in direct competition with someone in the same business? As a person, how well am I known and who am I before the public. I anticipate your response. Cheers to Wisdom! Cheers to Wealth!!
Report Emmanuel's answer
Thank you sir all the factors are considered but the major one is money. Because I started with very little money and am out of stocks but without money to go for stocks
Report Joseph's answer
If you have been in the business for a while now and you have a physical location. Then walk to any microfinance. They can loan you money if you have a business.s
Report adekunle's answer
Dear Joseph, Thank you for your question; perhaps you need to reflect deeper in your sources of capital. Does your business earn money through sales activities, equity, or commission on sales? Once you identify the source, the next thing is to gear your efforts towards increasing the same. If sales are low, engage aggressive marketing strategies etc. I hope I have been of help
Report Rachel's answer
Thank you all for Powerful Business advice. Am very greatful.