answersLogoWhite

0


Best Answer

Some reasons are as follows.

* No written plan * Little or no education in business * No coach or mentor * Did not take advantage of appropriate resources (SBA for example)

* Lack of start-up finances * Wrong location * Lack of collecting and analyzing informational resources (internal and external driving forces to include information on the competition)

* Poor management skills including the inability to appropriately manage material, human, financial, and informational resources to achieve the organizations goals and objectives

* Starting a business for the wrong reasons * Lack of good advertising to include a good web page * Lack of a real passion for business * Lack of contingency planning (risk management)

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do some Business ventures fails?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What purpose did new business form like stock companies serve?

. They could take on bigger and riskier business ventures


What is a sentence using ventures?

After several unsuccessful business ventures, he decided to become a police officer.


What are the different types of business ventures?

fu


How economy recover?

Small business... Entrepreneurial ventures.


What are the statistics on business ventures use of the Internet?

Rich


Where is the Historical Business Ventures Inc in Blackville South Carolina located?

The address of the Historical Business Ventures Inc is: Po Box 123, Blackville, SC 29817


What is the correct pairing of a titan of industry and his business?

Pairing of some industry titans and his business are: J.P.Morgan - banking John D. Rockerfeller - Standard Oil and other business ventures Bill Gates - Microsoft


What services are provided by Northface Ventures?

According to their official website, the company named Northface Ventures is in the computer software business. They optimize business software for other businesses, to make it more tailored to each particular business need for the client.


What business ventures is Phillip Chiyangwa doing?

Self-Service and kleptomania


What are the strategies of consolidation and expansion of business venture?

Answer this question...describe the stratages for consolidation and expansion of business ventures


What is a business that operates ships?

CRUISE SHIPS, and other types of business ventures on the water offshore and over seas.


What are some of best market research company available in the UK for business start ups for quantitative research into new business ventures?

There are some very good quantitative market researchcompanies in the UK, having used some of them for our different business ventures we have found Marketest to be very competent and cost effective. They primarily work for start-up companies and provide a comprehensive research report that is very useful for any new business ventures and especially so in the current economic climate.They have substantial panellists from a wide range of backgrounds and are ideal for segment or area based research. There are of course other companies too and by searching the Internet you can find some equally as good but our experience with them speaks volume.