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12 Key Reasons Why Companies Fail |
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1. Inadequate planning of the business
2. Inadequate planning of the business
3. Inadequate planning of the business
4. Insufficient initial capital for start-up period and development stages due to inadequate planning
5. Mistaken estimate of market demand for product or service
6. Lack of management ability
7. Failure to select and use appropriate outside professional advisors
8. Inability to market product or services effectively
9. Over dependence on a single individual or on a predicted specific event
10. Failure to understand capital requirements of a growing business
11. Poor timing of expenditures due to poor planning
12. Expedient, rather than reasoned decision-making
Blue Rock Capital
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