WHY DO BUSINESSES FAIL?
PERSONAL CHARACTERISTICS OF THE ENTREPRENEUR (RISK TAKER, GO GETTER ETC.) UNWILLINGNESS TO DEVOTE THE IMMENSE AMOUNT OF TIME AND EFFORT REQUIRED TO MAINTAIN THE BUSINESS. THEY MAY HAVE TO LITTLE KNOWLEDGE OF THE BUSINESS AND HOW TO RUN IT. FAILURE TO DEVISE AN ADEQUATE FINANCIAL PLAN FOR THE BUSINESS AND TO ASSESS ITS ABILITY TO…