8 October 2004
Avoiding Business Failure – A Guide for SMEs
The guide from the European accountancy profession provides practical advice to SME entrepreneurs on responsible financial management.
‘Avoiding Business Failure – a practical guide for SMEs’:
• examines the most common internal and external causes of business failure for SMEs;
• looks at the effects of failure for the business and its stakeholders; and
• provides practical guidance to entrepreneurs of SMEs by analysing the most appropriate preventive measures to avoid business failure.