15 reasons for a business failure Flashcards
1
Q
inventory
A
stock of goods
2
Q
fixed assets
A
resources that are used repeatedly for a period of time by a business such as property, tools, vehicles and machinery
3
Q
downturn
A
period or process in which business activity, production, etc. is reduced and conditions become worse
4
Q
undercapitalised
A
starting a business with insufficient capital
5
Q
outcompeted
A
perform more effectively in a particular field
6
Q
A
