10-May-2011 11:25

Business Failures...

Apparently up to fifty percent of new SME businesses will sadly go bust within their first two years.

Why?

Please discuss...

...& I’ll get the ball rolling with some reasons for possible failure:

1) Poor idea

2) a) Even poorer business plan & b) rotten implementation

3) Cash flow

4) Inexperience

5) Bad luck

What do you think?