DQ week 1 Question 1

label Business
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

It's well documented that 75-90% of startups fail. Murphy (2013) did and interesting comparison between successful and unsuccessful companies.

 

What do you think is the primary reason one company is successful and another company fails?

Oct 18th, 2017

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Financial Planning

A lack of sufficient cash flow is a major reason many small businesses fail. Managers and owners of successful companies understand the importance of starting a business with sufficient working capital and hiring financial professionals who understand how to implement effective cash flow policies. Developing a financial plan allows business owners to see how to effectively spend money and measure the success or failure of their financial policies over time. Adequate financial planning takes into account the finances needed for the near future and those needed for the long term

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Jul 12th, 2015

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Jul 12th, 2015

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Oct 18th, 2017
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Oct 18th, 2017
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