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Why do small companies fail and go out of business? Here are ten reasons, along with advice on what you can do to avert disaster before it strikes.

Sourced through Scoop.it from: smallbiztrends.com

More often than not we find ourselves debating through our decision making process. Should we or should we not open a business. This is an important decision because it can affect our family and life in many ways and for many years. Things like starting a business should be a lengthy process and a lot of research must be done to make sure all resources are used wisely. How we decide and how we proceed in the new business scenario is determined by how much money, time, and support we have to help us make the decision. Unfortunately, these resources are not infinite. Therein lies the conundrum…