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Business strategy
Major causes of business failure
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[QUOTE="Augusta, post: 268600, member: 25283"] Business failure happens in different ways and it is good to always find the root cause of it after finding out,then you work on it to get things fixed. A lot of times a business fail because of lack of adequate knowledge to run it.if you do.not have the right knowledge to run a business it is better to ask and research about it before starting than just starting with very little knowledge. Again, wrong decision making also kill a business very fast if a wrong decision is taken on the employees employed or the amount of money taken from the business if you are not careful you might just lose the business Another is lack of financial help like you have stated before. Business needs time to time injection of funds to keep it fruity, if you don't have the money to keep it going it might just collapse at any time. [/QUOTE]
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