What causes small businesses fail and what makes them succeed?

Small businesses fail due to:

• Lack of capital.


• Inability to generate sales.


• Poor cash flow.


• Product quality.


• Marketing and advertising no response.


• Lack of adaptation to changing market conditions.

What makes them succeed:

• Adequate financial planning - they know how much they need, when business is going to win, how will win.


• Excellent planning from the beginning.


• They are able to find a niche in highlighting.


• To strive for quality first.


• He listens to customers.


• The innovative, quick to respond to changing times.