01 Insufficient capital

58% of small business loan applicants sought

100,000$ or less

Failure in communicating the risks to

02 the top management
A manager should spend 90% of his time
communicating problems

03 Risk ignorance
There is deliberate ignorance which is based on
social factors, and ignorance as a result of impulse

04 Failure to mitigate risk

With the right risk mitigation techniques, 26% 42%
SMEs could increase revenues by in in
26% in 3 years and 42% in 5 years 3 years 5 years

05 No concrete plan
Only 17% of organizations have a business model
that investors can trust and rely on

Source: www.cbinsights.com