Businesses success and failure

Success factors	Failure factors
Strong management	Poor planning or leadership
Unique product or innovation	Lack of market research
Good cash-flow management	Running out of cash
Access to funding	High debt levels or loan rejection
Meeting customer needs effectively	Ignoring competition or changing trends
Adapting to change (in tech, economic conditions)	Failure to adapt (e.g. Blockbuster vs Netflix)

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