10 Fundamental Reasons Why Businesses Fail!
1. Owners are the too much hands on
2. Owners lack the experience and understanding of how to run a business, with over optimistic expectations
3. Inadequate financial management
4. Working to a business plan based on inaccurate data
5. Insufficient market research
6. Not recognising market trends, new legislation and ignoring what the competition are doing
7. Excessive risk
8. Insufficient initial capital injection
9. Inappropriate pricing policy
10. Lack of capable, qualified/trained staff
Where is your business at risk?
Don’t delay - seek help and transform your business from being as vulnerable as a house of cards into a robust, solid enterprise.
Not sure where to begin? Let’s have a chat to explore where we can support you successfully and profitably achieve your business growth aspirations.