Mistakes and Failures of a Business Essay

Small and large bank line fails because they take luck to many risks in what they do. Lots of times it is the employees that make or break a pedigree or the owner of the business, which makes a business fail. The way they fix the problem is to ask the employees what they are looking to puzzle out of the business and what they like to see done with the business these way owners and employees can work in concert as a team and not make mistakes and failures in the next years to come.Lots of business blindly trust employees witch means that the worker can take from the business or move over problems with others they work with from day to day. The employee will give his/her boss mix singles on the task at hand and with that the business will fail and lose profits as well there income or overheard will be lost. The biggest failure of a business is employee time theft this cost the business money and time witch can fail a business and is a big mistake the business misses every day. As s tated by go4funding. com every single day, many businesses fail for numerous reasons. fit to the United States Small Business Administration (SBA), approximately 90% of all small enterprises fail inwardly the first two years of operation, primarily because many entrepreneurs lack the basic knowledge and experience in handling the challenges of their company in its initial stages. The following are several common problems that are encountered during this live preliminary phase. Business owners should be informed about these issues and work diligently to address them in shape to avoid failure.