WHY DO ENTREPRENEURS FAIL?

REASONS:

1.LACK OF A PROPER BUSINESS IDEA

2. LACK OF PREPERATION

3.FLAWS IN THE BUSINESS PLAN

4.CHANGES IN THE ENVIRONMENT

5.COMPETITION

6.CHANGES IN THE GOVERMENT LAW

7.FAILURE TO PREDICT THE END OF THE PRODUCT LIFE CYCLE

8.LACK OF FINANCE

9.LABOUR UNREST

10.RAPID EXPANSION

11.POOR GOVERMENT

12.INADEQUATE OF TECHNICAL PROBLEM

13.POOR PROJECT IMPLEMENTATION

14.LACK OF STRATEGIES

15.TAXATION

16.CASH FLOW

17.RECOVERY OF DEPTS

18.LACK OF PERSONNEL

19.OUTDATED TECHNOLOGY

20.Lack of Focus


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