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1 Why do some machine investors fail 5 simple reasons
2 Decreased efficiency and failure to achieve return on investment due to incorrect machine selection or misuse
3 Investing in a market without conducting market research, investing in an area with no demand or high competition, leading to an inability to cover costs and failure
4 Lack of technical knowledge or experienced personnel on the part of the business owner, leading to problems in important areas such as maintenance and repair
5 Errors in financial management, not planning for other necessary expenses besides the investment required for the machine, and unexpected costs can lead to failure
6 Failure to keep up with technological advancements or implement new technologies can lead to low efficiency and falling behind competitors

Why do some machine investors fail 5 simple reasons

66 upvotes
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5 answers

Decreased efficiency and failure to achieve return on investment due to incorrect machine selection or misuse

58 upvotes

Investing in a market without conducting market research, investing in an area with no demand or high competition, leading to an inability to cover costs and failure

96 upvotes

Lack of technical knowledge or experienced personnel on the part of the business owner, leading to problems in important areas such as maintenance and repair

78 upvotes

Errors in financial management, not planning for other necessary expenses besides the investment required for the machine, and unexpected costs can lead to failure

40 upvotes

Failure to keep up with technological advancements or implement new technologies can lead to low efficiency and falling behind competitors

56 upvotes


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