What are the causes of business failure?

Running a business is a skill which everybody doesn't have it can be learn but it requires hardwork, patience and keen to learn and adapt new things.People just start a business without having proper knowledge and invest all there money afterwards they become bankrupt.Here are some important causes of business failure are as follows:

1.Do not have control on finances.

2.Not having proper planning and lack of strategy.

3.Weak leadership qualities.

Also read - What is growth and expansion?