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In my experience, pretty much every business closes for one of three primary reasons: 1. The business runs out of money and/or available financing. 2. The own
by joshkaufman 14y ago
In my experience, pretty much every business closes for one of three primary reasons:
1. The business runs out of money and/or available financing.
2. The owners decide the business isn't returning enough to justify further investment of money or effort.
3. There's some irreconcilable difference of opinion between owners, leading to an impasse on a critical decision and dissolution of the business.
I'll read the blog if you decide to write it, but I have a suspicion the vast majority of stories would boil down to one of those three primary factors.
- true_religion 14y agoThat's true, but its like saying all romances boil down to three factors: two people meet, they fall in love, overcome their differences or external factors keeping them apart, then get together for a happy life or break up with much drama. That's all true, but ignores the fact that the story and minutae is still an interesting read.