The primary cause of small business failures is ________.
A)the lack of capital
B)management mistakes
C)poor location
D)improper inventory control

Question

Quizplus · Accepted Answer

While all of the options listed can contribute to small business failure, management mistakes are the primary cause. Proper management is essential for ensuring financial stability, efficient operations, and effective decision making. Without sound management, a business is likely to encounter problems in all areas, including financing, location, and inventory control.

The Primary Cause of Small Business Failures Is ________