failing business

50 Reasons Why Some Businesses Fail While Others Succeed – Business Article

26 – In the end, enthusiasm is not enough to succeed. It takes much more than that. You need to research your market, your competition, the financial feasibility of your concept, and more. As you fight through the battles of making your dream come true, you need to be able to go back to read and re-read your business plan. The concepts laid down in your business plan will help you to convince your bank to give you the loan…

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What Percentage of Businesses Fail – Business Article

You are told that most businesses fail. People quote failed business statistics left and right, but the numbers are all over the place. I recommend that you read The Ten Commandments for Business Failure.  First of all, let’s consider a few questions about failing businesses: What time frame are we talking about? Are we referring to businesses failing within the first year, or the first two years, or 5 or 10 years? The failure rate among businesses is very different,…

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