According to research,between 50 and 90 percent of all new businesses fail within five years because of

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The most common reason for the failure of new businesses is managerial incompetence. This can include poor decision-making, lack of planning, and inadequate financial management skills. While insufficient investment capital and poor target marketing can certainly contribute to the failure of a business, these issues are often symptoms of deeper managerial problems. Unethical business practices can also lead to the downfall of a business, but this is typically less common than the other factors mentioned.

According to Research,between 50 and 90 Percent of All New