Why small business fail by Huong Tra https://padlet.com/ohule002/IB16 Huong Le, Trung Dao, Thao Hoang, Nhi Nguyen, Wonder Njoki Maina, Ngoc Nguyen (1601302) en-us 2016-10-04 07:28:37 UTC 2023-03-29 09:58:27 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Brightnessdown.png #1: Inexperience ohule002 https://padlet.com/ohule002/IB16/wish/128074169
  • Employees with poor skills
  • No experience in managing
  • No soft-skill
    • ]]>     2016-10-04 07:32:56 UTC https://padlet.com/ohule002/IB16/wish/128074169     #2: Poor management ohule002 https://padlet.com/ohule002/IB16/wish/128077081 Poor leadership]]> 2016-10-04 07:51:44 UTC https://padlet.com/ohule002/IB16/wish/128077081 #3: Incapability of analyzing the market: ohule002 https://padlet.com/ohule002/IB16/wish/128077662
  • Getting overwhelmed because of competitions
  • Cannot position the business well
    • ]]>     2016-10-04 07:54:55 UTC https://padlet.com/ohule002/IB16/wish/128077662     #4: Over-expansion  ohule002 https://padlet.com/ohule002/IB16/wish/128077806 You do everything on your own and the problems get out of hands, big ego problem]]> 2016-10-04 07:56:01 UTC https://padlet.com/ohule002/IB16/wish/128077806 #5: Locations ohule002 https://padlet.com/ohule002/IB16/wish/128077860 2016-10-04 07:56:32 UTC https://padlet.com/ohule002/IB16/wish/128077860 #6: No website ohule002 https://padlet.com/ohule002/IB16/wish/128077979
  • Cannot afford to attract more customers
  • Cannot keep track
    • ]]>     2016-10-04 07:57:27 UTC https://padlet.com/ohule002/IB16/wish/128077979     #7: Grow too fast ohule002 https://padlet.com/ohule002/IB16/wish/128078061
  • Cannot keep track
  • Fund problems: lack of cash flow and capital
    • ]]>     2016-10-04 07:58:08 UTC https://padlet.com/ohule002/IB16/wish/128078061     #8: Low sales ohule002 https://padlet.com/ohule002/IB16/wish/128078185
  • Break even point: cost does not meet profit
  • Investment: no appropriate investment
    • ]]>     2016-10-04 07:59:14 UTC https://padlet.com/ohule002/IB16/wish/128078185     #9: Partnership ohule002 https://padlet.com/ohule002/IB16/wish/128080120 Lose-lose
    Win-lose
    No win-win    ]]>     2016-10-04 08:13:30 UTC https://padlet.com/ohule002/IB16/wish/128080120     #10: Product problem ohule002 https://padlet.com/ohule002/IB16/wish/128080466
  • Poor quality
  • Warrantly
    • ]]>     2016-10-04 08:16:06 UTC https://padlet.com/ohule002/IB16/wish/128080466     #11: Lack of vision ohule002 https://padlet.com/ohule002/IB16/wish/128080644 2016-10-04 08:17:09 UTC https://padlet.com/ohule002/IB16/wish/128080644 ohule002 https://padlet.com/ohule002/IB16/wish/128081846 2016-10-04 08:23:06 UTC https://padlet.com/ohule002/IB16/wish/128081846