Why do small businesses fail? This week we examine the 5 most common reasons why businesses don’t survive long term.
Join me as I illustrate how multiple factors can contribute to a business’s downfall, including cashflow issues, weak marketing, and the founder themselves.
And don’t worry — we don’t leave you hanging. You’ll get several possible solutions to each problem helping you prioritize for a sustainable future. This is tough love – not meant to discourage you, but to inspire and push you towards proactive steps for your business.
So, listen up as we dig into yet another reality of small business ownership.
Quote:
“There’s no one thing that causes a business to crack and fold under the pressure. It’s usually a whole bunch of little things just kind of come together and increase the pressure exponentially.”
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The Business Blasphemy Podcast is sponsored by Corporate Rehab® Strategic Consulting.
Corporate Rehab® provides Strategy, Operations and Leadership with Ease! Together, let’s clearly identify what you and your business need to move to the next stage of growth with our proprietary Entrepreneur Growth Hierarchy tool. Book a call today for your free 30-min assessment.