The Most Common Reasons for Small Business Failure
and What to Watch Out For

How many times have you heard it?

A business owner complains about the government,
the weather, the this, the that, for the

failure of their business.

 

When, in fact, for most businesses, the

statistics you’re about to see tell a

very different story.

 

A story that’s important to

understand so that you and your

team know just how much your own

actions ultimately affect the

success or failure of your

business in a much more

significant way.

Some statistics tell it like it really is.

Some statistical research on the

reasons why small businesses fail

provides interesting results. Please note

that ‘small businesses’ were defined as

those businesses with less than 100

employees. Given that, then, these

results apply to one-person small

businesses all the way through to

larger ‘small businesses.’

 

Let’s look at them and then analyse

the ramifications.  >>>>>more

 

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