Four general factors contribute to the failure rate of small businesses.Which of the following is NOT one of those factors?
A) Insufficient capital
B) Managerial incompetence or inexperience
C) Low start-up costs
D) Weak control systems
E) Owner neglect

Question

Quizplus · Accepted Answer

Low start-up costs are not a contributing factor to the failure rate of small businesses. In fact, many successful businesses have started with low start-up costs. The other factors listed, such as insufficient capital, managerial incompetence or inexperience, weak control systems, and owner neglect, are all potential causes of small business failure.

Four General Factors Contribute to the Failure Rate of Small