I have analysed lot of reasons for a business failure. Can you share the top most reason for a business failure? According to me the top most reason is "giving money out of business capital to friends and relatives". Can you agree to this point?
From India , Selam
1.No proper Planning
2.No Future vision for board directors
3.Taking-up unnessary projects
These all Failure's make Financial Crisis, No Money - No Work & As you are aware " Finance is the Life line of any Originsation " Hence there will be no Finance the company will be failure

From India, Hyderabad
Agreed with your points and appreciate .. like add few more No mission, No vision, No goal, No seriousness towards work.
From India, Bhopal
• Choosing a business that isn't very profitable
• Inadequate cash reserves
• Failure to clearly define and understand your market, your customers, and your customers' buying habits
• Failure to price your product or service correctly.
• Failure to adequately anticipate cash flow
• Failure to anticipate or react to competition, technology, or other changes in the marketplace.
• Over generalization.
• Over dependence on a single customer.
• Uncontrolled growth
• Believing you can do everything yourself
• Putting up with inadequate management
• So, the founder's attitude, ability to be objective, willingness to bring in needed help, and share power are all crucial to success

From India,
In my experience (and i buy a lot of failing companies), is mis-management by the owners.
From United Kingdom, Barrow

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