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Top 7 Reasons Start Up Businesses Fail
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[QUOTE="Suba, post: 308224, member: 3658"] A startup is a business/company that has just started and is running, generally still small in size, which is only funded by its founder. However, we encounter many start-up companies that fail. Here are some of the causes. [LIST] [*]Startup companies have a very narrow market or even no market so that consumers do not see it as a product that is needed. [*]Often startups only employ people they know, such as relatives, friends, etc., who are not experts in their field and have experience. [*]Product problems are often of poor quality, so that consumers cannot satisfy them, there is no quality improvement. [*]Lack of innovative ideas for developing new products, or improving existing products. [*]Location, selecting the wrong location causes product delays, and is slow to enter the market. [*]Marketing strategy that is less effective, also results in wrong targets. [/LIST] [/QUOTE]
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