8 Sure Causes of Business Failure

With the trending economic situation, many businesses have failed. Regardless, many of the causes of business failure can be prevented. These causes shared by Jumia Travel, the leading online travel agency will help you put together a plan to make sure your business is around for decades.

Lack of experience

Lack of experience is one of the causes of business failure. If you are inexperienced or your management is made up of novices, then your business is likely to fail. When starting a new business, it is advised you get the services of people experienced in that field.

  • Sam

    This is just a rubbish. How mush was in the account when he left office in 2007 as in total? Why do you people like to pay a hide and seek game?

  • Sam

    WHY DIDN’T YOU INCLUDE THE AMOUNT INVOLVED? RAG AND MESS PUBLICATION!