Causes Of Small Business Failure Essay

Failure definitionis when not to achieving the goals and plans, It is well known that the most important reason for failure in many small business is because lake of study project properly before starting and don’t have a plan and it is the most important role in deciding grade of success out so The number of small business failure is growing, the spread of these small business which some of them failed and other succeed, it is noteworthy that the failure rate is growing and rising this phenomenon is very common in our market. The statistics says that 50 percent of small business that are held in the local market fail within the first years of its beginning, the percent rises to 90 percent during the first three years of the beginning of the business. Recently abounded initiatives between young men and woman in our society, some of their groups started to make their small business and enterprises some of them success and spread and

So why they not warning at the beginning? These small business are very important for the country growth and development there are some factors that affect the small business such as lack of management skills, lake of financial support, lake of tanning, lake of infrastructure of the country, affect the small business, also the big reason small business fail is because the political activities also it was found that small business were closing down and reduced is because of tax charges, inequitable competition and inappropriate financing