Due to a concluded research 90% of business? have gone bankrupted and are no more turning out a profit, what causes this, and how can a business owner mitigate such risk?
Due to a concluded research 90% of business? have gone bankrupted and are no more turning out a profit, what causes this, and how can a business owner mitigate such risk?
Read less
There are numerous reasons why some businesses fail in their first year. Some common reasons include lack of market demand, inadequate capital, poor management, fierce competition, and failure to adapt to changes in the market. Additionally, issues with pricing, marketing, and customer service can aRead more
There are numerous reasons why some businesses fail in their first year. Some common reasons include lack of market demand, inadequate capital, poor management, fierce competition, and failure to adapt to changes in the market. Additionally, issues with pricing, marketing, and customer service can also contribute to a business’s downfall. Even with a great product or service, businesses can fail if they don’t effectively reach their target audience or convert leads into customers.
See less