Are you in the process of starting a new business? Want to know the common reasons why new businesses don’t succeed?

You’ll find 7 reasons for startup failure in this infographic.

Here’s a quick summary:

  • Starting for the wrong reason
  • Poor management
  • Lack of planning
  • Insufficient capital
  • Location
  • No website (get one here)
  • Overexpansion

Check out the infographic for more detail.