10 Factors That Mostly Cause Businesses to Fail

factors that cause business failures
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  1. No one wants to buy what you offer.
  2. You can not control quality and price.
  3. You don’t know how to manage your company and people.
  4. You don’t have enough capital to expand.
  5. You can not beat your dirty competitors.
  6. You don’t have a large heart and don’t have fire of ruthlessness.
  7. Your company has no barrier to stop copy cats.
  8. Your business requires too much to start.
  9. Your business requires too little to start.
  10. You don’t know how to sell.

Mostly, you do not have money to buy time, and can not recover from mistakes.

Also read:  Legal Mistakes That Might Make You Lose Your Business
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