ENTREPRENEURSHIP

Detailed explanation-1: -The most common reasons small businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.

Detailed explanation-2: -Lack of market research. Poor financial control. Poor management. All the above.

Detailed explanation-3: -Businesses can fail as a result of wars, recessions, high taxation, high interest rates, excessive regulations, poor management decisions, insufficient marketing, inability to compete with other similar businesses, or a lack of interest from the public in the business’s offerings.

Detailed explanation-4: -Complacency. Not prioritizing sustainability. Not putting customers first. Not relentlessly innovating. Not thinking of themselves as tech companies. Not treating data as a key business asset. Failing to attract and keep talent. More items •29-Aug-2022