The How of Business - How to start, run, grow and exit a small business. 524: Top 5 Reasons Small Businesses Fail
Top 5 Reasons Small Businesses Fail with host Henry Lopez.
Show Notes Page: https://www.thehowofbusiness.com/524-5-reasons-businesses-fail/
Top 5 Reasons Small Businesses Fail – Is your Business Model Broken?
This Top 5 Reasons Small Businesses Fail list is based on Henry's experiences as a business owner and business coach and available research and studies.
Businesses can fail for any number of reasons, and often for a combination of reasons. Sometimes it may be out of our control but mostly it’s due to “operator error”. It’s because we either have a flawed business model or because we executed poorly.
A great Business Idea is not the same as a solid Business Model – can the business operate profitably, and can it scale?
On this episode Henry Lopez shares the top five reasons small businesses fail and tips on how to avoid them.
This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com