Author: | Craig Alexander Orr, MBA, MSc, HND | ISBN: | 9781458159434 |
Publisher: | Craig Alexander Orr, MBA, MSc, HND | Publication: | June 20, 2011 |
Imprint: | Smashwords Edition | Language: | English |
Author: | Craig Alexander Orr, MBA, MSc, HND |
ISBN: | 9781458159434 |
Publisher: | Craig Alexander Orr, MBA, MSc, HND |
Publication: | June 20, 2011 |
Imprint: | Smashwords Edition |
Language: | English |
Small businesses cannot afford the luxury of doing “business as usual” in a recessionary environment it is critical to re-evaluate how your business operates.
The Top 5 reasons for business failures in America are:
1.Lack of Industry Experience
2.Inadequate Financing
3.Lack of Adequate Cash Flow
4.Poor Business Planning
5.Management Incompetence
I wanted to stop at reason 5 before it gets any more personal. As you can see a large amount of business failures are caused by well … planning … actually the lack of it.
Small businesses cannot afford the luxury of doing “business as usual” in a recessionary environment it is critical to re-evaluate how your business operates.
The Top 5 reasons for business failures in America are:
1.Lack of Industry Experience
2.Inadequate Financing
3.Lack of Adequate Cash Flow
4.Poor Business Planning
5.Management Incompetence
I wanted to stop at reason 5 before it gets any more personal. As you can see a large amount of business failures are caused by well … planning … actually the lack of it.