If a business goes bankrupt, why can they open another business?

What are some of most known issues on why small business goes down?

  • It is a very popular thing to write that most of small business goes down within 1-5 years but what are some most known issues and facts that cause it?

  • Answer:

    The main reason is they spend too much money up front and have unreal expectations of how quickly they'll recoup and begin to realize a profit.

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