Professional Documents
Culture Documents
Reason For Failure and Visible Problem in Business
Reason For Failure and Visible Problem in Business
Fiscal irregularities
The internal causes are within the
control of the industry.
Shortage of working capital
Lack of Industry Experience
Poor Business Planning
Lack of Entrepreneurial Skill
Extending too much credit and poor
credit control
Lack of control on key areas like
management, finance, inventory,
etc.