RE: Reason why small scale businesses fold up fast
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You have made valid points on why small business fails, in addition Government instability is one of the reason small business foldup, lack of start up capital and other more.
In other for small business to survive one need proper planing , favourable Government policies . and saving for the growth of the business.
Yes exactly, establishing a business, one need proper planing. Even if at all you are able to establish your business without Government intervention, learn how to go about your business, dont use your business profit or outcome to satisfy other peoples needs while you are at loss. Thanks for this baby