Reasons small businesses fail

Small businesses tend to fail for a few common reasons:

 

Lack of cash. Running out of money will mean that you can’t order products, you can’t pay for services, and ultimately, you can’t afford to sell your products. Here at Business Strategy, we make concrete plants to improve your cash flow.

Insufficient Management. Small businesses often do not have the resources for hiring their own full time CFO. We offer fractional CFO services for the small businesses so that you can have the same level of financial planning as your competitors, at a fraction of the cost.

Faulty Planning.  Not analyzing the financials for red flags and preparing for them, and not planning to take advantage of opportunities.

Unsuccessful marketing. Not analyzing the ROI of various marketing methods and capitalizing on the most profitable methods.

All of these situations we can work with you, build a monthly plan, so that your business can be growing and succesful.  

Reach out today for a free consultation!

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2024 Forecast: Macroeconomic and Microeconomic

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Optimize Inventory Turnover to improve Cash Flow