Why most startup businesses fail

[Moseschidera]

The truth is starting a business from scratch can be tough especially when you have competitors who are already built. Established companies have so many advantages - they already have customers, suppliers, processes figured out and brand recognition in the market. A startup struggles with all of these factors right from day one. Unless the founders have really disruptive idea or fill a need no one else is meeting, it is an uphill task to grow the business against incumbents. Even marketing the new venture can be challenging due to relatively low budgets compared to bigger players.
With perseverance and staying focused on the vision, some startups do find success.

 

[Augusta]

When you have a faulty starting or foundation you would failed as a startup. You would failed with bad funding and mismanagement

 

[neku]

Most startups are failing due to lack of orders. If the business owner is not well connected, government agencies, larger rivals are robbing all the orders, using hackers or other methods.

 

[King Belieal]

In spite of all the struggles of startups, they can always pull through if they have a concrete plan on ground. The challenges is all expected and they should have put forward a way that they want to deal with the challenges.

 

[Fidelia]

Most business startups fail because there was not a concrete business plan on ground. Asides from that too, it is expected for every startup to experience failure within the first year of the business. But how do they handle the failure?

 

[Augusta]

Your business would fail if you don't have good customer support service. You have to learn it's practices and Appy them

 

[eLdavis]

When it comes to this subject, there are actually lots of reasons as to why most of these startup fails. Some reasons could be due to poor planning, in some cases the plan might be good, but it lacks proper management.