Top 10 Reasons New Businesses Fail

Hi Everyone,

I was running a business in Perth for two years but could not manage the finances and other administrative work. It led to various problems and finally I had to quit. I had to sell it but the buyer managed to pull it to new heights. I was surprised and visited him to know how he made it work. He told me that his success formula was simple. He made sure that the business was staying away from all the top reasons for business failure, such as no business planning, bad marketing and not listening to customer feedback. I am sharing an article to explain this concept in detail.