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Common factors that can lead to the failure of a business plan

Common factors that can lead to the failure of a business plan

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Faith
- Unreasonable goals set by the entrepreneur
- Lack of commitment to the new enterprise by the entrepreneur and his team
- Inexperience and going by the trial and error method
- No proper SWOT analysis of the business by the entrepreneur
- No customer orientation for the proposed product or service
- Poor handling of finance matters
- Unreasonable time schedule
- No proper control for the business plan to ensure effective implementation
Titany answered the question on November 10, 2021 at 09:30

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