Why do businesses fail?

Many businesses fail within their first year and these are the main reasons why according to Tony Robinson. See the list below ranked in order why businesses fail. Don’t agree? Comment below.

  • No Effective Business Plan
  • Not Putting Customer First
  • Not Hiring Right People
  • Doing It All Yourself
  • Lack Of Flexibility
  • Lack Of Innovation
  • Misunderstanding Industry
  • Fear
  • Wrong Mindset
  • Lack Of Vision
  • Lack Of Passion
  • Ineffective Marketing
  • Misunderstadning Your Value
  • Asking The Wrong Questions