What Are Reasons For Failure Of SMEs?

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.
 

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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.

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