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Here is a few ranging from lack of management, poor bookkeeping, procrastination, ignoring the competition, ignoring customers? needs, cash flow problems all the way to location just to name a few. As you begin to start your business you must sit down and allocate your expense and task to what and where it should go to. You must spend time to understand what you are going to produce and who you are going to target in the market. By introducing manager with no experience to your set business back until they are trained enough to understand the business. Most of the time if you hire a person you look for qualities that can help a business grow, but most of the time if you have no direction besides just making money then you will hire sub-level competence managers...
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