Why Small Businesses Fail — And How Yours Can Succeed
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About this listen
Launching a small business is challenging, and many don’t make it past those early years. In this episode, we dig into the most common reasons businesses fail—like running out of capital, weak financial practices, poor infrastructure, lack of planning, and failure to adapt. Drawing lessons from real cases and the insights from Ontario Business Central, we share guidance on how to dodge these traps so your venture lasts. If you’re building something new or trying to strengthen your operations, this is your roadmap for avoiding the common pitfalls.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.