Tag: Why Businesses Fail

Top Reasons Why Businesses Fail. By Source: Jessie Hagen, U.S. Bank

General Business Factors               78% – Lack of a well-developed business plan, including insufficient research on the business before starting it.  73% – Being overly optimistic about achievable sales, money required and about what needs to be done to be successful. 70% – Not recognizing, or ignoring, what they don’t

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