What Are the Common Causes of Business Failure?

Poor cash flow management can lead to severe issues, such as the inability to pay suppliers or employees on time.Poor company culture can lead to disagreements and morale, potentially sinking a business.A lack of market planning can make identifying potential customers and generating sales difficult.Ineffective leadership can lead to decisions without considering the long-term implications on the company’s success.

Starting a business can be daunting; unfortunately, many companies fail due ...