Business Failure

• what are five internal causes of business failure?

  • poor planning
  • lack of leadership
  • ineffective marketing
  • cash flow problems
  • lack of funds
• what are five external causes of business failure?

  • economic challenges
  • changes in consumer tastes
  • legal factors
  • market challenges
  • technological change
• insolvency


  the inability of a business to pay its debts and financial obligations when they are due