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Contact: Bob Staiger

Studies have shown that most businesses fail due to one or more of the following six reasons:

  1. Lack of vision - no real sense of purpose or direction
  2. Lack of plan - too little or much detail, poor execution
  3. Lack of innovation - no one is looking down the road and seeing the marketplace changes that are coming
  4. Lack of skills - the wrong people are working in the business, or the right people are working in the wrong places
  5. Lack of funding - cash is poorly managed or underestimated
  6. Lack of support - the owner or leader feels alone at the top

Business planning, done properly, should specifically address each of these key business threats. We work with companies to help them create business plans that overcome these comon obstacles to success.

 
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