3 Reasons Businesses Fail (and How To Fix Each Of Them)
Manage episode 364155709 series 3478521
There are a lot of reasons business fail. Some of them are due to poor management, not being in a definable niche or just plain dumb luck. And, while these circumstances are frustrating, a lot of times they’re unavoidable.
At the same time, there are common themes we see from failed businesses that come up time and time again and really don't have much to do with management style or with luck.
The good news is once these issues are identified, they’re straight-forward to address. And doing so can put you and your company on the path to success. So, in this week’s episode Chip talks about the three most common reasons why businesses fail. We'll also talk about the things you can do right now to fix each of them to improve your chances of creating a sustainable business that lasts for the long haul.
Hey, Click Here to Send Us a Text Message
Want to discuss anything in this week’s episode? Just send an e-mail to grow@schweiger.cpa. You can also follow us on Instagram and join our community on Facebook for bonus tips to grow your business,.
And be sure to check out our website at www.TESKPod.com for bonus content and other tips to help you grow your business while enjoying the lifestyle you’re entitled to.
Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.
42 episodes