Thursday, November 24, 2011

10 Reasons why Small Businesses Fail

1. The math just doesn't work
2. Owners who cannot get out of their own way
3. Out-of-control growth
4. Poor accounting
5. Lack of a cash cushion
6. Operational mediocrity
7. Operational inefficiencies
8. Dysfunctional management
9. The lack of a succession plan
10. A declining market

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