shahjagruti16
MP Guru
Reasons for the failure of small and medium enterprises
Poor pricing of their goods (products) and services.
Failure to anticipate or react to competition.
Lack of management skills.
Failure to foresee the business cash flows.
Their belief to manage everything alone.
Business failure to define and understand the market available.
In adequate cash reserves that are used as backup in case of any uncertainty.
Poor selection of a profitable business.
Poor pricing of their goods (products) and services.
Failure to anticipate or react to competition.
Lack of management skills.
Failure to foresee the business cash flows.
Their belief to manage everything alone.
Business failure to define and understand the market available.
In adequate cash reserves that are used as backup in case of any uncertainty.
Poor selection of a profitable business.