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Tuesday, September 11, 2012

8 reasons why small businesses fail

Ateneo Professor on Entrepreneurship

From blog intuit

Why do small businesses fail?  Blog intuit lists down 8 reasons:

1.  Erroneous entrepreneurial thinking .  Why did you start the business in the first place?  You might have started the business for the wrong reason.

2.  Wrong location;

3.  Hiring the wrong people;

4.  Poor planning;

5.  Ineffective marketing.

Other reasons why small businesses fail.

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