Starting a business based on an idea or hobby rather than a true opportunity is rarely a factor in business failure as the enthusiasm and drive of the owner easily compensates for a weak market.
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Q1: As discussed in the Opening Profile to
Q2: As discussed in the Opening Profile to
Q3: As discussed in the text, between 35%
Q4: One of the major causes that lead
Q5: The most common reason cited for bankruptcy
Q7: Trying to grow too quickly can be
Q8: The most common reason for companies that
Q9: An over-reliance on debt as their main
Q10: Approximately 68% of businesses that fail in
Q11: External shocks that may hurt a business
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