Growing: 10 Reasons Why Small Businesses Fail/10 Razones Por Las Que Un Negocio Falla
August 12, 2008
What are 10 reasons why small businesses fail? A Spanish-speaking counselor at SCORE Chicago translated these reasons, and I thought I’d share them with women in two languages.
- Lack of Experience · Falta de Experiencia
- Insufficient Capital · Falta de Dinero
- Poor Business Location · Inadequado Local para el Negocio
- Bad Inventory Management · Mala Administración de Inventarios
- Over-Investing in Fixed Assets · Gasto excesivo en Bienes Raices
- Making Bad Credit Arrangements · Malos acuerdos de Préstamos
- Mixing Personal and Business Funds · Mezclar los Fondos Personales con los del Negocio
- Mismanaging Growth · Mala Administración del Crecimiento
- Failing to Respond to Competition · Ignorar a la Competencia
- Lack of Sales · Falta de Ventas
What to learn more about how to succeed? Click these links:
7 Steps to Small Business Success
Next Business Step? Success
Peg Corwin, SCORE Chicago
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Filed under: Growing
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