Entrepreneurial ventures most often fail due to one or more of these four issues:
- Inadequate sales (39%)
- Competitive weaknesses (21%)
- Excessive operating expenses (11%)
- Uncollected receivables (9%)
Check out our article on how to perform a SWOT analysis to get a clearer sense of where your business really stands.
At Bplans, it's our goal to make it easy for you to start and run your business. The Bplans glossary of common business terms will help you learn about key small business and entrepreneurship topics.
