Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Reasons for the failure of many business
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Kendy, post: 220990, member: 63869"] There are a thousand and more reasons for business failure but some I would list the ones I am most familiar with. Business failure can emanate from inadequate funding, when a business is set up, without atleast more than half of the required amount as the capital required or budget needed, it would be very hard for such business to thrive. It would be very good for a business owner to have the required funds to keep the business aloft of impending danger. Mismanagement of funds could also lead to business failure. When a business owner is indisciplined when it comes to funds, the money would be spent unwisely which would stampede the progress of the business. Lack of employees motivation is also one way to business failure. Without the cooperation of the employees, the business would be dwelling on a shaky ground, this means that business owners should always compensate their workers, encourage them and pay them on their due date. Again, business failure can arise from some circumstances beyond the control of the enterpreneur, such like a fire outbreak or a hurricane attack, most especially if the business was not insured. Lastly, business failure could arise from the negative mindset used in starting the business. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Reasons for the failure of many business
Top