Monday, July 09, 2007

Why Businesses Fail

I collected about some lists of reasons businesses fail here, but it boils down to just a few.

  1. You can’t get (and retain) enough customers
  2. You can’t make a profit
  3. Cash Flow
  4. You don’t run your business like a business.
  5. No Planning (or Poor Planning).
  6. Failed execution.

No comments: