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Top 7 Reasons Start Up Businesses Fail
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[QUOTE="Activator230822, post: 308160, member: 88192"] Well there are so many reasons nowadays that can lead to the fall of many business startups. Some of these reasons are as follows; a) The inflation There is the ongoing global inflation which has lasted for a couple of years by now. This has led to the devaluation of the money which leads to the low purchasing power among the people. Subsequently most businessmen don't afford to make purchases for the Businesses as the prices have risen up. This is the main reason as to why most businesses collapse nowadays. b)Lack of capital and business funding Most businesses don't have adequate capital and business funds to boost their businesses during the lows time in the business. However these folks depend on loans to fund the business which cannot make the businesss profitable and end up closing the business when they begin servicing the loans. [/QUOTE]
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