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10 Reasons for Business Failure
1. They fail to communicate and execute the business plan.
2. They use procedures and systems which are ineffective or out-dated.
3. Some businesses fail because they lack strong leadership.
4. Businesses fail because they lack useful business skills.
5. Some fail because they do not have a long term company vision.
6. Some fail because they fail to understand and face the competition.
7. Some businesses fail to understand what the customers want.
8. Inability to change their way and style of business.
9. Inadequate financial planning.
10. Some businesses fail to establish clear goals and objectives. | 
