Entrepreneurial ventures most often fail due to one (or more) of the following common issues: inadequate sales, competitive weaknesses, excessive operating expenses, and uncollected receivables.
Exceptions to the failure rule include:
- High potential ventures
- Threshold concept
- Promise of growth
- Venture capital backing
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.
