Common reason of business failure

[Atiqurrehman]

Failure to market online. In an age where "Google" is a function, if you're not marketing online, you're not selling as much as you could. ...

Failed to listen to your users. ...

Failure to take advantage of future development. ...

Failure to adapt (and grow) when the market changes. ...

Failure to track and measure your marketing efforts.

 

[Asma]

The most common reason of business failure is that of luck of capital also planing.. because both are important for a business to grow up. If you don't have a proper planing you don't be able to stand business profitable.

 

[Johnbami]

a business fails when it doesn't have proper management if a business doesn't have the normal management in order to have people that can watch coordinate things in the business the business would definitely feel so you have to have knowledge about the business for you to be able to wash and money to the business well

 

[Mariyam]

Running a business is not for the faint of heart; entrepreneurship is inherently risky. Successful business onwers must possess the ability to mitigate company-specific risks while simultaneously bringing a product service to market at a price point that meets consumer demand levels.

Most of the Business fails due to less knowledge , and experience .. blindly trusting on partners and don't giving required time to business is the major reason of it failure..

 

[FreshKaz11]

Running a business is not for the faint of heart; entrepreneurship is inherently risky. Successful business onwers must possess the ability to mitigate company-specific risks while simultaneously bringing a product service to market at a price point that meets consumer demand levels.

The reason why most business fail is when they go bankrupt and there is no more capital or funds to pay their workers..

There is no way they could do it,if workers can no more work due to the lack of their salary not been paid...so that the most common mistake that cause most companies to fail and fold up.

 

[Highflyer]

There are many reasons why businesses fail, I believe when you don't have a good strategic planning for your business, you will surely fail. A good business plan will already let you know the risks involved.

 

[Mastercoded]

Business fails because of the following reason
LACK OF FUNDS
LACK OF PLAN
COMPETITION
DOING BUSINESS THAT DOES NOT APPLY TO YOUR PLACE
LACK OF EXPERIENCE
LACK OF GOAL SETTING
LACK OF TRUST WORTHY STAFF

 

[Keibah]

When a business fails I plan and analyze, you do get an accurate return. This makes a business fail.
Failure to listen to customer demand can also run down a business. Lack of patience is also another factor.

 

[solomonmali]

The reason for business failure is often tied to the reason the owner started the business. Is your primary reason for starting your own business the desire to make a lot of money? Do you think that if you have your own business that you'd have more time with your family? Or maybe that you wouldn't have to answer to anyone else? While those are benefits some successful entrepreneurs achieve after years of hard work, they are not reasons to start a business.

 

[KvngMurphy]

Lack of marketing capacity is one common reason why a business fails. Marketing doesn’t start with learning how to use advertising and promotional strategies. It starts with product differentiation. Unless a company can clearly state why their product is different from others similar to it in the marketplace or come up with a unique value proposition, all its marketing efforts will be wasted.

 

[Husnainali]

Top 5 Reasons Why Small Businesses Fail
Failure to market online. In an age where "Google" is a function, if you're not marketing online, you're not selling as much as you could. ...
Failed to listen to your users. ...
Failure to take advantage of future development. ...
Failure to adapt (and grow) when the market changes. ...
Failure to track and measure your marketing efforts.

 

[Anas Chaudhary]

Top 5 Reasons Why Small Businesses Fail
Failure to market online. In an age where "Google" is a function, if you're not marketing online, you're not selling as much as you could.
Failed to listen to your users.
Failure to take advantage of future development.
Failure to adapt (and grow) when the market changes.
Failure to track and measure your marketing efforts.

 

[Urooj]

From my point of view the basic thing of any business failure is miscommunication and also impatience in many people .another reason of faliure is improper management.Many business fail due to people miscommunication to one another...their are many reasons of business faliure

 

[Mahnoor]

If you’ve ever started a business and failed, you might feel terrible about the loss of time, effort. and money.

In fact, you may even have beaten yourself up for like lack of motivation, laziness, partnering up with the wrong people, and so on. Besides damaging your self-esteem, this type of thinking also misses the mark. You are only thinking about the things that you knew.

 

[Irfanali]

The most common reasons are small businesses lacking capital or financial support, inadequate management team, poor infrastructure or business model, and failing marketing initiatives.

 

[Yaqoob Habib]

There are several factors that causes a business to fail:
1. No or insufficient business plan
2. No efficiency during business activities
3. A negative results of feasibility study and one still starts the business anyways.

The most common reasons business failure due to lack of capital,retaining an inadequate management team, business model, failure market online,failing to adapt when the market changes,failing to track and measure your marketing efforts.

 

[Mawome]

Mismanagement is the reason why some business suffer, in any business their is a time to withdraw some money and a time to put in some money, if you withdraw when it is not yet time to do so, I tell you that the business will experience some setback, and it will not be too good.

 

[Meerab]

The most important reason is a lake of knowledge and experience about business... Financial management also a big issue of business failure, for your business to be successful you need good planning.

 

[Lagazine]

The most common reason why many entrepreneurs and business owners fail in their business is because they have already failed to plan for the business before venturing into it. As an entrepreneur. Planning is should be made paramount

 

[Adexgrace]

Reasons why most business fails is lack of perfect experience and also inability to meet the customers needs and requires.
All these and many more leads to the failure of most business and also lack of proper management.