Why We're Loing Businesses

Consider, if 1,000 businesses started in your city three years ago, only 200 are left today. Of these, only 10 percent will experience significant profits and growth (and even half of those will ultimately fail). Why is this happening? Here is what a researcher found: 90 percent of business failures are caused by a combination of three factors: inadequate financing or structure, ineffective marketing techniques and poor management practices. Let's consider each factor.

Read the story here.