Operation of business is not an easy job and business always needs time with engagement. Every business has profit but its take time and business is all about relationship and handing the clients. Business has several types and forms only need investment and regular engagement. Every business has single motto that is profit maximization.
Really it is difficult of making a lot of money in business because it’s a huge competition levels and credit business practice.
These are the following characteristics of this business-
Huge investment and a lot of operating expenses.
Large number of competitors.
Easy entry and exist.
High level of negotiation.
Example- Business like dealership of electrical products, in this business investment is huge but margin level is very much low because of large number of competitors available in the market.
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