Provide background information on the causes of business failure
Highlight some of the trends that have been witnessed and deemed to contribute to business failure
Identify possible remedies to business failure by discussing the role of management in the decision-making process
II. Objectives of the Study
Understand the aim of having a business plan and implementing the necessary mitigation measures
i. Analyzing the components of the business plan
ii. Discussing factors to be added or removed from the above plan
Utilizing numerous assessment tools to establish the most appropriate course of action to be taken by the company depending on the outcomes of the assessment
III. Discussion Points
Background information on the activities of the firm
Providing an insight into the current operational efficiency of the enterprise
Discussing the causes of business failure
Providing sustainable solutions to the underlying problems
Comparing company business plan and the implementation process
IV. Conclusions
A summary of the major causes of business failure
Highlighting the solutions to be considered
Final thoughts on the topic
