answersLogoWhite

0


Best Answer

Many sole proprietors fail because they usually fail to develop a solid set of systems that could potentially enable the business to expand. In many cases, the business owner is working "in" the business instead of working "on" the business. The business owner wears many hats, and if there is not enough cash flow or receivable coming in, they are unable to pay for quality help. To prevent failure, it is wise to have solid systems set into place that are proven to work.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: One main reason many proprietorships fail is?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How many small businesses fail within two years?

The reason most small businesses fail within two years is that they are under capitalized.


What is the main reason of world war now?

War can be about many things but the main reason for war is money, religion, and other political problems in the economy.


Did some people reject Halloween?

yes, for many reasond. but, the main reason is religion. woo! you read my anwer!!! (: yes, for many reasond. but, the main reason is religion. woo! you read my anwer!!! (:


The main reason for the persistence of many illusory correlations is the fact that?

cat


What is the main reason behind many people committing suicide or killing themselves?

The main reason is loss of hope for a good life. Hopelessness is a destroyer of the body and mind.


Why did Hitler's plan for Moscow fail?

There's many reasons why Germany failed to occupy moscow but the main reason was that Moscow had a alot of warning time, so they could prepare an defence and force the entire city into a lock down and convert it into a military fotress defence.


What do many people cite as the main reason for low voter turnouts?

apathyAPATHY


Why do new products fail?

One reason that new products fail is because consumers become loyal to their usual brand of product. If companies do not get the new product out there by offering incentives, many people will never give it a chance.


Why do balls smell?

Your scrotum can smell due to many reasons, but the main reason is Bacteria from your sweat.


What is the main reason that so many species are at risk?

They are being hunted or their environment is being changed.


How did the plain Indians use their water?

They used it in many ways. The main reason was for drinking though.


What the advantage not allowing phone in class?

There are many debates but, the main reason why is because they are a mager distraction.