We’ve all heard about ‘why companies fail to grow’ with literally thousands of books, blogs, articles and shows talking about why businesses have failed to grow or have had a sudden death.
When you ask someone who has had a business fail, why, they usually give you one reason. We all know that there is never one singular reason why a business fails, it usually is combination of things; market size, competition and demand all feature highly on external factors while operations, leadership, complacency, technology, marketing and lack of investment feature highly as internal reasons.