| A | B |
| Failure to identify all possible investors for the new business. | Lack of adequate funding. |
| Failure to conduct market research for the new product or service. | There is no demand or need for the new product or service. |
| The business owner fails to secure required permits or licenses. | Business owner is fined for illegal operation. |
| Failure to market the new business to potential customers. | Sales are slow—potential customers are not aware of the product. |
| The business owner didn’t select a location that allowed for expansion. | Business cannot expand due to lack of space on business property. |
| The business owner didn’t complete a market analysis. | There are so many competitors for the product, that sales are very slow. |
| Failure to secure partners with management expertise. | The business owner didn’t complete a Management Team Plan. |
| Failure to apply for loans or grants. | Lack of adequate funding. |
| Business owner fails to pay taxes for the business. | Business owner must pay penalties to the government. |
| The business owner didn’t complete a market analysis. | There is no demand for the new product or service. |
| The business owner didn’t complete a thorough business plan or adequate financial statements. | The bank or credit union refuses to approve funding for the new business. |
| The business owner fails to find a sufficient number of employees | The business owner didn’t complete an Operational Plan. |