{"id":1666,"date":"2020-04-17T16:02:23","date_gmt":"2020-04-17T16:02:23","guid":{"rendered":"https:\/\/bluekwet.com\/?p=1666"},"modified":"2020-06-30T07:35:57","modified_gmt":"2020-06-30T07:35:57","slug":"why-do-businesses-fail","status":"publish","type":"post","link":"https:\/\/bluekwet.com\/index.php\/2020\/04\/17\/why-do-businesses-fail\/","title":{"rendered":"Why Do Businesses Fail?"},"content":{"rendered":"\n<p>It is important to have a dream and work hard for it. But the dream should be realistic and feasible<\/p>\n\n\n\n<p>1. <strong>Market Misconception<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Doing business was much easier, when the market size was small, there were fewer competitors and legal frameworks.<\/li><li>Introduction of series goverment regulations are the first step towards professionalization of the upcoming era<\/li><\/ul>\n\n\n\n<p><strong>Having a \u201cDream\u201d project that is not feasible<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It is important to have a dream and work hard for it. But the dream should be realistic and feasible<\/li><li>Pursuing a dream without proper research can lead to huge financial losses<\/li><\/ul>\n\n\n\n<p><strong>Mistakes made in selection of Partners<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/bluekwet.com\/wp-content\/uploads\/2020\/04\/Inside-the-content-image-300x281-1.jpg\" alt=\"\" class=\"wp-image-1667\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Some of the partners may have difference in vision than yours, resulting in a conflict.<\/li><li>You expect all your partners to be involved while they wish to be as \u2018silent partners\u2019.<\/li><\/ul>\n\n\n\n<p><strong>Investment mistakes<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Partners expect future financial gains while only taking into consideration minimal factors like direct costs and profit margins but many a times, indirect expenses, cash flows and other statutory deductions may also hit the business<\/li><li>Undecided or non-communicated returns and equity structure result in conflicts among the promoters<\/li><\/ul>\n\n\n\n<p><strong>Wrong Management&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Most of the businesses make the mistake of appointing their relatives or friends as managers or working partner regardless of their skill and professional qualifications.<\/li><li>While appointing a working partner or manager, many are focused on their sales skills rather than the leadership skills.<\/li><\/ul>\n\n\n\n<p>These are few examples which might lead to the failure of a business. There are many other factors like wrong positioning, service quality, value chain issues, brand issues, etc. But a promoter can avoid such kinds of risks to an extent with detailed studies and guidance from experts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is important to have a dream and work hard for it. But the dream should be realistic and feasible 1. Market Misconception Doing business was much easier, when the market size was small, there were fewer competitors and legal frameworks. Introduction of series goverment regulations are the first step towards professionalization of the upcoming [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1670,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"spay_email":"","footnotes":""},"categories":[68],"tags":[],"class_list":["post-1666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-performance-3"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Do Businesses Fail? - BLUE KWET<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bluekwet.com\/index.php\/2020\/04\/17\/why-do-businesses-fail\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mantra to Follow\" \/>\n<meta property=\"og:description\" content=\"work delegation before you provide training with a strong belief on the subordinate...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bluekwet.com\/index.php\/2020\/04\/17\/why-do-businesses-fail\/\" \/>\n<meta property=\"og:site_name\" content=\"BLUE KWET\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/bluekwet\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-17T16:02:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-30T07:35:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bluekwet.com\/wp-content\/uploads\/2020\/04\/tx.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"BLUE KWET\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bluekwet\" \/>\n<meta name=\"twitter:site\" content=\"@bluekwet\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BLUE KWET\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bluekwet.com\/index.php\/2020\/04\/17\/why-do-businesses-fail\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bluekwet.com\/index.php\/2020\/04\/17\/why-do-businesses-fail\/\"},\"author\":{\"name\":\"BLUE KWET\",\"@id\":\"https:\/\/bluekwet.com\/#\/schema\/person\/25a5c2847fccf4667af196def5298f16\"},\"headline\":\"Why Do Businesses Fail?\",\"datePublished\":\"2020-04-17T16:02:23+00:00\",\"dateModified\":\"2020-06-30T07:35:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bluekwet.com\/index.php\/2020\/04\/17\/why-do-businesses-fail\/\"},\"wordCount\":281,\"publisher\":{\"@id\":\"https:\/\/bluekwet.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/bluekwet.com\/index.php\/2020\/04\/17\/why-do-businesses-fail\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bluekwet.com\/wp-content\/uploads\/2020\/04\/aaaa.jpeg\",\"articleSection\":[\"Business Performance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bluekwet.com\/index.php\/2020\/04\/17\/why-do-businesses-fail\/\",\"url\":\"https:\/\/bluekwet.com\/index.php\/2020\/04\/17\/why-do-businesses-fail\/\",\"name\":\"Why Do Businesses Fail? 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