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What is Factors Leading to Small Business Failure about?

This document summarizes a study on the factors that lead to small business failure, with a focus on financial issues. It begins by discussing previous research that found financial problems to be a key challenge for new entrepreneurs. These include obtaining capital, cash flow difficulties, lack of guaranteed income, and low tax knowledge. The document then notes that small businesses often fail due to insufficient funds, unrealistic financial expectations, and lack of financial controls and processes. Fin

Author

Jesary Marc Arnosa

Language

EN