According to research,between 50-90 percent of all new businesses fail within five years due to:

Question

Quizplus · Accepted Answer

While insufficient investment capital and poor target marketing can certainly contribute to a business's failure, the primary reason for failure is often attributed to managerial incompetence. This includes poor decision-making, lack of strategic planning, and ineffective leadership. Unethical business practices can also lead to failure, but it is not as common a cause as managerial incompetence.

According to Research,between 50-90 Percent of All New Businesses Fail