• Small Business

    The Reasons for Business Failure!

    There are a multitude of reasons why a business can fail, lack of sales, lack of branding, lack of motivation. However, most of these result from the true reasons for business failure, listed below! These are the “root cause” reasons for business failure, and with the hope of making you aware of what you need to avoid in order to be successful with your business venture, we are going to analyse them further. Cashflow Cashflow is the number one killer of a business! If you can’t meet your financial obligations, being loans, supplier payments and other bills, due to poor cashflow management, you will have those creditors knocking on your…