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Business Failure: 10 Reasons Why Businesses Fail - Super Scaling

Web13 jul. 2024 · Failing to take steps to protect yourself if your business fails can have serious consequences. Here are the top six ways to protect yourself. 1. Legally Separate Yourself from your Business. While sole proprietorships and partnerships are easy to set up, a potential problem with these business structures is that there is no legal way to ... Web25 aug. 2024 · 3. You’re Not Being Paid on Time. If you operate a business in which you give customers the option to pay over time, rather than 100% upfront, that’s great! Offering flexible payment plans allows you to attract customers you may not have otherwise acquired. However, like most things, it’s a double-edged sword. Web27 apr. 2024 · The business world is full of stories of startup failures, from ill-fated fintech ventures to mismanaged medtechs and misguided entrepreneurs (Silicon Valley’s … individual swings with cushions