The biggest cause for small business failure is:

Question

Quizplus · Accepted Answer

While lack of finance, economic recession/depression, and lack of customer can all contribute to small business failure, the biggest cause is often cited as managerial incompetence. This can include poor decision-making, lack of planning or organization, and ineffective leadership. Without effective management, a small business is unlikely to succeed regardless of its financial situation or the state of the economy.

The Biggest Cause for Small Business Failure Is