why small businesses fail

Abdelsamad, Moustafa H.; Kindling, Alexander T.
March 1978
Advanced Management Journal (03621863);Spring78, Vol. 43 Issue 2, p24
Academic Journal
Discusses key reasons for small-business failures. Disadvantage of excessive optimism; Mistake of staffing the board of directors with relatives and friends; Impact of nepotism on the morale of employees.


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