The Battle Plan Marketing Podcast

Why Do Businesses Fail? - BPMP #38

July 15, 2021 Mark Ambrose Season 1 Episode 38
The Battle Plan Marketing Podcast
Why Do Businesses Fail? - BPMP #38
Show Notes

Today we are going to talk about the top 10 reasons businesses fail.

Creating and running a business isn’t easy.

According to the Small Business Administration 20% of business fail in year one, 50% go out of business by year five, and only about a third make it to ten years.

The rewards of owning your own business can be fantastic and life-changing.

But in order to get there, we all have to avoid the many dangers and pitfalls of owning and running a business.

So let’s dive into the top 10 reasons why home service companies go out of business and do our best to avoid them ourselves.

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