It is very common to see business failing in their numbers and when these happens we are always very quick to blame government, bad policies, electricity, lack of capital and others for reasons why businesses are failing because it is the easiest thing to do.

I have always argue this that yes the government is bad (since 1960 and are becoming more worse), electricity may never be better, Capital will never be enough no matter your business size. Policy are not meant to be your friend.

But all those aforementioned are things you can not change, they are beyond your reach so why worry yourself about it. Instead worry about what is in your power. Which is the blind approach most people took while choosing a business idea.

When choosing any business idea i have learnt to follow a 3 step process.

Read it here http://ileowo.com/blog/how-to-know-if-an-idea-will-be-profitable-before-you-develop-it

This will save you from wasting money on bad ideas.