3 common reasons small businesses fail-and how to avoid them

3 common reasons small businesses fail-and how to avoid them

Assessment

Interactive Video

Life Skills, Business

University

Hard

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The video discusses the high failure rates of small businesses and outlines three key mistakes to avoid: lack of market research, poor cash management, and insufficient business management skills. It emphasizes the importance of targeting a specific audience, realistic budgeting, and assembling a skilled team to ensure business success.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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