What are the main causes for small businesses failure in your vicinity?

[Stardom22]

Most small businesses are very simple to start. In the sense that they require small amounts of capital and the ease of start, most of them fail three years after the launching. What do you think?

 

[Augusta]

Plans based on unrealistic assumptions, inadequate market research or flawed financial forecasts have caused many businesses to fail.

 

[Starmix]

So far, small businesses here in my place are still thriving. This indicates that the business owners know how to manage their business with care.

 

[eLdavis]

Till date, the main cause of small businesses failing still remains the issue of capital. They lack the capital to run and manage the business.