524: Top 5 Reasons Small Businesses Fail

524: Top 5 Reasons Small Businesses Fail

Author: Henry Lopez June 10, 2024 Duration: 23:50

Top 5 Reasons Small Businesses Fail with host Henry Lopez.

Show Notes Page: https://www.thehowofbusiness.com/524-5-reasons-businesses-fail/

Top 5 Reasons Small Businesses Fail – Is your Business Model Broken?

This Top 5 Reasons Small Businesses Fail list is based on Henry's experiences as a business owner and business coach and available research and studies.

Businesses can fail for any number of reasons, and often for a combination of reasons. Sometimes it may be out of our control but mostly it's due to "operator error". It's because we either have a flawed business model or because we executed poorly.

A great Business Idea is not the same as a solid Business Model – can the business operate profitably, and can it scale?

On this episode Henry Lopez shares the top five reasons small businesses fail and tips on how to avoid them.

This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com


Henry Lopez hosts The How of Business-How to start, run, grow and exit a small business. It’s a practical resource for anyone who wants to move beyond just the idea of entrepreneurship and into the actual work of building something. Each week, the focus is on the tangible steps and decisions involved in a business’s entire lifecycle, from that initial launch through to managing daily operations, scaling up, and even planning a future exit. You’ll hear straightforward conversations that dig into specific topics, breaking down complex challenges into manageable advice. Often, Henry sits down with a small business owner who shares their real-world experiences-the successes and the setbacks-offering a genuine look at what it takes. This podcast is built on the understanding that running a business is a series of learned skills, and it aims to provide those lessons without fluff. Whether you're sketching your first plan on a napkin or steering an established company toward growth, the discussions here are meant to be directly applicable to your own journey. Tune in for a regular dose of clarity and concrete strategies from someone who understands the day-to-day realities you face.
Author: Language: English Episodes: 100

The How of Business - How to start, run, grow and exit a small business.
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