88.7k views
3 votes
List three reasons why some businesses fail.

User Novitchi S
by
7.4k points

1 Answer

3 votes

The most common reasons for business to underperform (low productivity, low profits) or fail (bankrupt, cease being) are as follows: Poor cash flow management. Absence of performance monitoring. Lack of understanding or use of performance monitoring information.

User Peet Whittaker
by
6.4k points