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Have you experienced a failed business?

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Managing a business is crucial. There are things we miss to see and plan. Failing a business is inevitable, and it happens because of many reasons. Negligence and recklessness are among the reasons why a business fail. It is essential for a business owner to spend most of his time planning and innovating to avoid failure. In my case, I am thankful that my offline business is still kicking, but I do not know in 2026 if it will remain that way. It is tiring, but I have to endure because of my goal which is to live in financial freedom. I see here, some businesses failed and were never revived by the owners. They said, they wanted to give up . The economic crises led them to end their business.
 
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