Reason why businesses may fail
Inability to maintain quality can also be a reason for a business to fail, Customer's always want the best, the moment their is lack of value it can change the mind of Customer's to go after something else and may not come back. Business can also fail when you don't know what your customer want.
That is why it’s very important to meet the demand of every client or customer because that will keep their interest to stay patronizing your product since it’s the best in their eyes. This might be the cause that most businesses fail because they don’t always improve the quality of their products as much as other competitors will always ensure high quality and always seek even higher quality so that the customers will stick to them.