The 12 Reasons Why Companies
Fail
According to Terry Collison,
Blue Rock Capital
① Inadequate
planning of the business
②
Inadequate planning
of the business
③
Inadequate
planning of the business
④
Insufficient initial capital
for start-up period and development stages due to inadequate planning
⑤
Mistaken estimate of market
demand for product or service
⑥ Lack of
management
ability
⑦ Failure to select
and use appropriate outside
professional advisors
⑧
Inability to
market
product or services effectively
⑨
Over dependence on a single
individual or on a predicted specific event
⑩ Failure to understand
capital requirements of a
growing business
⑪
Poor timing of expenditures
and
cash flow problems
due to poor planning
⑫ Expedient rather than
reasoned decision making
