Why do companies fail?:Why do so many companies go bankrupt in Poland?

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Year by year, the difference between companies closing their operations and those starting is getting bigger. In other words, companies on the Polish market are closing more often than they are opening.
Start-up businesses most often fail because they run out of money, their product/service is not tailored to market needs, or they fail against stronger competitors. Starting a business is just the beginning. In reality, running a business involves facing numerous challenges that, if left unaddressed, can lead to its failure.
To ensure your business's survival, when planning your marketing japan telegram data activities: focus on channels that bring you the highest return on investment (while taking care of your finances), conduct regular market research, clearly define what distinguishes your product/service.
FAQ –
Companies often fail due to lack of financial resources, mismatch of products with market needs and failure in the fight against competition. Data from 2023 shows that more companies are closing or suspending their operations than opening, which means a negative trend on the Polish market.