The factors led to failure of a small business and the actions the business owners might have taken to keep the company in business. Introduction: A business that is possessed and operated independently and in its field of operation is non-authoritative, where certain standards of size in terms of employees or annual receipts are met is termed as small business.

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Chapter 6, Problem 4DWS

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To discuss: The factors led to failure of a small business and the actions the business owners might have taken to keep the company in business.

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A business that is possessed and operated independently and in its field of operation is non-authoritative, where certain standards of size in terms of employees or annual receipts are met is termed as small business.

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