External factors that affect a business?

What are examples of external factors that affect a business?

Answer #1

I can see your stuck here!!! lol. Well an external factor is anyhting that can affect the way your business performs that you can not control. Use the step analysis!! xx

Answer #2

Examples:

Other businesses (competition)
Economy (both local and globally)
Laws and regulations
Government
Demand for the product

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External factors that affect a business?

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