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According to the Small Business Administration, Poor Management Is the Cause

question 120

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According to the Small Business Administration, poor management is the cause of the majority of small business failures.


Definitions:

Executory

Describing a contract or deed yet to be fully executed or performed, often depending on certain conditions being met.

Voluntary Agreement

A mutual consent or contract between parties, typically concerning legal obligations and enforcements.

Offer

A proposal presented by one party to another with the intention to enter into a legally binding contract upon acceptance.

Acceptance

The actual or implied receipt and retention of that which is tendered or offered.

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