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Why businesses fail

Why is it some businesses succeed while others fail?  I believe although there are a number of factors, the ones below are heavy contributors:

1)  Starting a business for the wrong reason.  

2)  Failing to have a business plan.

3)  Undercapitalization

4)  Lack of support from family.

5)  Failing to select a proper location.

6)  Lacking a flexible structure for business growth.

7)  Inability to balance the business and your personal life.

8)  Failing to market your product or service properly.

 

If you are struggling with your business or about to launch then give me a call to increase your odds of business success.  Could a phone call be the difference in succeeding?  Are you willing to take risk your business success by not calling?


Richard J. Garcia | 01/26/2010