Success & Failure Factors

Success & Failure Factors Bingo Card
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This bingo card has 30 words: Sufficient starting capital, Location that is visible & easily accessible, Thorough business plan, Strong knowledge of good/service being sold, Over saturated market, Poor location, Insufficient start up capital, Poor marketing, Poor management skills, Poor customer relations, Humility, Resilience, High demand for their product/service, Friendly & Fair, Sound business judgement, Lack of willingness to seek professional advice, Strong, well targeted marketing, Good customer relations, Willing to recognise limitations & seek advice, Well researched & thoughout business idea, No business plan, Impatient, Appropriate ownership structure, Business operations experience, No prior business experience, Appropriate inventory levels, Too much inventory, Good sales pitch, Arrogance and Too much debt.

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