Business
6 reasons your start-up is failing
Lack of adequate funds
Before you take the plunge into entrepreneurship, make sure you have adequate funds (Photo courtesy: Indian Express)
Lack of adequate funds at initial stages can pose a big problem. It is always good to be realistic in the beginning, and identify the right amount of resources to pull your business plan through. In the interim, you may require to invest in more time, money, resources, especially when you realize that the love for the initial concept may be not be necessarily going in the right direction. Likewise, be aware of overexpansion. A slow and steady approach is advisable
