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* not enough start up capital * failure to secure appropriate license or permits. * failure to secure property or facilities needed for the specific business. * lack of good management and organizational skills.

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15y ago

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How can a business operation can cease?

A business operation can cease for various reasons, including financial insolvency, where the company can no longer meet its liabilities, leading to bankruptcy. Poor management decisions or failure to adapt to market changes can also result in operational shutdowns. Additionally, external factors such as regulatory changes, economic downturns, or natural disasters may force a business to halt its operations. Lastly, voluntary closure by the owners due to personal reasons or strategic shifts can also lead to the cessation of business activities.


What is business idea?

A business idea is a concept which can be used for commercial purposes. It typically centers around a commodityor service that can be sold for money, according to a unique model. There are several methods for developing and testing business idea. The ability to come up with a business idea can be transformed into a viable business, where ideas supported by feasibility and business plan can then be sold to interested investors, firms, and interested parties for a lump sum or a management contract, or as agreed. Business ideas, if introduced at the right time, when demand for such service or a product introduced by the idea is expected to surge, can lead to a very profitable business. Business ideas are always available through different sources; however, it is the application applied on these ideas, and timing makes all the difference in failure or success Source: Wikipedia.

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