30 Reasons Why Small Business Fail
Recently i had a research on why and how small business fail and i concluded with some findings which are stated below. Many people want to start a business or many are already in business based on no other reason than profit. A Business consultant said, 90% of new business tends to collapse on the 1st to 2nd year of establishment based on some factors. Despite the business ideas , the business plan, the working capital, the time etc. No one pray for his/her small business to collapse. See the reason below; Why Small Business Fail 1. No workable Business plan 2. Lack of understanding of small scale business .