Why a Business Fails

There are some reasons why businesses are failed:

1. Lack of planning- unprepared
2. Poor management- choose the wrong time
3. Failure to market- not knowing the customers well; who and what are they?
4. Insufficient marketing – therefore, people do not know about it
5. Ineffective marketing- not attractive, less promotion
6. Location- poor choice of location/ decide the wrong place
7. Underestimate the competitors
6. Others- doing busy work (sambilan alias iseng-red)

*based on my real experiences*

in timely manner


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