Know why start-up fail
With four out of every ten start-up failing to survive five years, it's always worth keeping a look out for warning indications. In this article, the author has detailed the five terrible practises to avoid if you want to offer your business a fighting chance of success. Here are the five top reasons why start-up fail: No one would launch a business with failure at the front of their mind, but still many businesses are not able to achieve success. Find out top reasons why start-up fail. Inadequate planning and strategy "Failing to plan is preparing to fail," as the saying goes. Simply said, long-term planning is critical to the success of any organisation. When planning the expansion of their firm, a business owner must undertake market research to determine who their consumers are and what they require. They must also recognise their competition and be proactive in terms of trends in order to avoid falling behind. Consider the numerous brick-and-mortar...