5 Key Success Factors of Businesses

Updated on 24 July 2024 • Reading Time: 3 minutes

Most businesses fail in the first five years for a myriad of reasons that range from bad planning and lack of strategy to poor cash flow management or low sales.

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Staff Writer, Writer

Driven by a passion for supporting the South African small business community. Our staff writers are dedicated to sharing stories of resilience, innovation, and success, while also providing practical guidance and expert insights. We believe in the power of entrepreneurship to transform lives and communities, and we are committed to providing valuable resources and information to help SMEs thrive. Our team's goal is to be a trusted partner for small business owners across South Africa, fostering a vibrant and supportive entrepreneurial ecosystem.