Deysi16682
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What are the 3 factors that lead a business to failure?
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1-lack of knowledge 2-lack of commitment 3-lack of organizationWhat are the 3 factors that lead a business to failure?
Most business fail not just as a result of poor funding or proper planning, but as a result of lack of market survey.I feel that several things could lead to a business failure. Examples are lack of good management, poor location, inadequate financing and so on.
Lack of market survey is sure part of it. I always say that before you start a business, ensure that there is a ready market for your products. That saves you a lot of stress.Most business fail not just as a result of poor funding or proper planning, but as a result of lack of market survey.
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