BUISENESS MANAGEMENT
BUSINESS PLANNING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is not a factor that leads to small business failure in Australia?
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Failure to plan
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Poor location
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Liquidity
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New competitors
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Explanation:
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: -Poor cash flow management. A narrow customer base over-reliant on a few big customers. Poor financial management.
There is 1 question to complete.