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Top Reasons Businesses Fail | Commercially Geared

There are many factors why start-up businesses fail, below are some listed to help you focus on what you should be paying attention too.

  • 42% No Market need for your idea or product
  • 29% Venture runs out of cash
  • 23% Not right people to run the business
  • 19% Competition does it better
  • 18% ricing or costing issues
  • 17% Poor product
  • 17% Lack of a business model
  • 14% Poor marketing
  • 14% Ignore customers
  • 13% Product was mis-timed
  • 13% Lose Focus
  • 13% Team or Investor dis-harmony


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