Without a doubt!! A business competence remains key among successful entrepreneurs. The founder’s who are not so knowledgeable in this field may find themselves disoriented in a complicated dynamic marketplace. As such, founder should strive to be competent in their business through which they can increase their odds of success and create a flourishing sustainable business.
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For any business to flourish the business owner must be competent, and must have in mind that at some point they might fail, but when they do they should be able to find a way around to make things work.